BTC is forming and inverted heads and shoulders.
If we break above the neckline, I expect BTC to move to 42k, then 45-46k, and maybe even 50k.
If this happens, I believe that this will be BTC's last push before a bigger drop, as indicators that I watch suggest that risk assets will drop.
Should the drop happen, BTC could go to 20k.
Any questions?
Good luck traders
Remember not to break your rules]
Habib
If we break above the neckline, I expect BTC to move to 42k, then 45-46k, and maybe even 50k.
If this happens, I believe that this will be BTC's last push before a bigger drop, as indicators that I watch suggest that risk assets will drop.
Should the drop happen, BTC could go to 20k.
Any questions?
Good luck traders
Remember not to break your rules]
Habib