Bitcoin
Short
Zaktualizowano

youre still early

237
just a more drawn out version of my other charts, wrote most of what you need to know on the chart. theres a slight possibility a recovery bounce occurs off the .236, but i highly doubt it.
Uwaga
the .236 held a bit longer than i expected, but the decline has officially begun.
Uwaga
well, we are definitely in freefall mode. if 19k fails as support we are gonna go back to 15k then the retracement will print a harmonic.
Uwaga
19k didnt fail as support and the price had a nice little bounce, but it seems buying momentum is slowing already. it would be optimistic to call this a right shoulder of an h&s put its possible. that would require the price to climb back to 24 however, and idk if thats likely, we will see how it reacts to trading hours today.
Uwaga
my sentiment has not changed, despite the recent rally on fed news, i believe the price will correct back soon.

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