Hi dude, I see the pattern as well but H&S patterns only have statistical significance at the top of a bullish move, which does not seem to be the the case here.
Check out Bulkowski's site: http://thepatternsite.com/hst.html
hi @scaredycatguide .. I think yesterday Anthony Pompliano, founder and partner of Morgan creek Digital asset, has predicted that bitcoin price could fall as low as $3000 in short term.. he also said that bitxoin price will another all time high until the middle of 2023.... you might want to check the news.. cheers !! :-)
Hi dude, I see the pattern as well but H&S patterns only have statistical significance at the top of a bullish move, which does not seem to be the the case here.
Check out Bulkowski's site:
http://thepatternsite.com/hst.html
Cheers :)
Appreciate the link!
To the question in your title, my Magic 8-Ball says:
Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.
I would prefer it to have another nice drop to fill and bounce actually.
More basing couldn't hurt, but there is definitely enough already to warrant a move higher as well.
Definitely agree with that.
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hi @scaredycatguide .. I think yesterday Anthony Pompliano, founder and partner of Morgan creek Digital asset, has predicted that bitcoin price could fall as low as $3000 in short term.. he also said that bitxoin price will another all time high until the middle of 2023.... you might want to check the news.. cheers !! :-)
Cool, appreciate the heads up. Will check it out.
I am agry with you.
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6800 or bust.
Looking like we busted....6800 that is! Come on keep going.