blakemiles84

BTC/USD correction reversal (Inv H&S)

Long
COINBASE:BTCUSD   Bitcoin
Objective Observations
  • No major fundamental attack
  • No catastrophic (systemic and critical) event
  • Downtrend pri
  • marily profit taking and secondarily news-driven since November (amplified by governmental regulatory discussions)

    Assumption
  • Big money front-running. Market being artificially suppressed.
Comment:
correction: Downtrend primarily profit taking and secondarily news-driven since November (amplified by governmental regulatory discussions)

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