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matt17x

Head and Shoulders Sending BTC to 35K

Bitcoin (BITSTAMP:BTCUSD)  
matt17x Updated   
BITSTAMP:BTCUSD   Bitcoin
Chart Patterns Trend Analysis Harmonic Patterns BTCUSD totalmarketcap totalcryptomarket cryptomarket ETHUSD cryptos
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Post-ETF hype, I can see a head and shoulders pattern forming on BTC. Targeting support levels in the mid-30K range. This will also get us a clean retest of the weekly LSMA (see my other idea on the weekly time frame).

Long term I am extremely bullish on BTC and can see us reaching new ATH before the end of 2024. Will be buying if we correct into 30K range.
Comment:
Rebound will be fuelled by BTC halving hype. ETH and alts will rebound quickly, and may not even drop as much as BTC.
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