Bitcoin Head and Shoulders Pattern

Zaktualizowano
Inversed Bitcoin chart to showcase this thesis. Not much to this idea but I would recommend saving this chart for the trendlines and levels that I have highlighted. Happy trading and happy charting my friends. We are almost there.

Here are my price predictions:

End of September - $58,000~61,000

End of October - $66,000~69,000

End of Year - $80,000~100,000
Uwaga
There are two scenarios I could see playing out from here...

1. We break back down and retest the $56,000 range for support

2. We continue upwards towards $60,000 in preparation for a rate cut next week from the Feds

I might be possible that number 2 comes and is followed by number 1.
Uwaga
Next week is extremely important for our future and the next year of price action.
Uwaga
Just like we drew it up.
Uwaga
The Election is the final driving factor.
Uwaga
This pattern must hold for the uptrend to continue.
Uwaga
68k is still that golden target to look for
Transakcja zakończona: osiągnięto poziom stop
pattern invalidated
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