deathtotrade

BTC - H&S pattern, potential new lows

Short
deathtotrade Updated   
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
I have been eyeing this H&S pattern formation on the daily since the 26th of November, and to my surprise, it happens to be playing out.

Check it out here : bit .ly/3Er9GLT (copy and remove the space)

Depending on the area of the breakout from the left shoulder, we should be aiming at the ~12k area (or as low as 10k).

This would kickstart a multi-year bear market.

Don't hesitate to share your thoughts regarding my analysis, thank you!
Comment:
Typo : depending on the area of the breakout from the right* shoulder, not left.

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