Is bitcoin going to end the year with a big bang? Over the past month, btc formed an inverse head and shoulder pattern. This is a big reversal pattern and with big significance as it is seen on the daily charts. We are currently about to completing the right shoulder and will test be testing the neckline soon ($4000-4200). Breaking above this line will see a big jump as next resistance level is $5400. I am hoping to see a retest of $6200 in this bullish run, this will be a big indicator for what we will see for the rest of 2019.
Safe tradings everyone and have a Happy New Years!
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