Bitcoin form a Shoulder Head Shoulder; bearish pattern!!!
Bitcoin form a shoulder head shoulder (bearsih paattern) and there's no idea that Elon Musk tweet today bad news about Bitcoin adoption. That man it's so ridicolous and clown. He's destroying the BItcoin adoption. But why?
But now, in H2 timerame, we see a bearish pattern and that it's not a good signal for the Bitcoin price. Because there a lot chances that Bitcoin continue crashing if the support of $30,000 USD will continue down.
s3.tradingview.com/s...shots/d/DDp7WNcS.png
If you look the H4 timeframe, we see that Bitcoin it's trying to break down the simetric triangle, and that will be a bad news for Bitcoin and the formation of this shoulder head shoulder. So, I hope an entry price and we will need to look a possile price action conirmation, or if we see a cheat, exist a possible recovery to trying to break up the $39,000 resistance level. But in any case, in the next hours, we will need to know if Bitcoin continue down to $33,000 USD or that will be a cheat in the price. Because if you look very carefully the H4 timeframe, it's not neccesary that I will say you now that Bitcoin going to crash, just it's my plan if htat happen, becuase in another hand, Bitcoin could to form a new lower higher in the support of the simetric trianlge line, for that, we will need to take a consideration in bear as the bull cases.
But now, in H2 timerame, we see a bearish pattern and that it's not a good signal for the Bitcoin price. Because there a lot chances that Bitcoin continue crashing if the support of $30,000 USD will continue down.
s3.tradingview.com/s...shots/d/DDp7WNcS.png
If you look the H4 timeframe, we see that Bitcoin it's trying to break down the simetric triangle, and that will be a bad news for Bitcoin and the formation of this shoulder head shoulder. So, I hope an entry price and we will need to look a possile price action conirmation, or if we see a cheat, exist a possible recovery to trying to break up the $39,000 resistance level. But in any case, in the next hours, we will need to know if Bitcoin continue down to $33,000 USD or that will be a cheat in the price. Because if you look very carefully the H4 timeframe, it's not neccesary that I will say you now that Bitcoin going to crash, just it's my plan if htat happen, becuase in another hand, Bitcoin could to form a new lower higher in the support of the simetric trianlge line, for that, we will need to take a consideration in bear as the bull cases.
The H2 timeframe!!!!