The major pullback or rejection of lower levels is a clear sign of what happen at price 4114.67when market dropped and pulled back creating a pinbar
Clearly a fake to make people think bitcoin is gonna go higher
Second stop hunt was to get those at lower level close there deals also
Currently we looking at a change for more upside
But the truth is
We also looking at a head and shoulders pattern in the making
The downside is still in control
The massive pull back or stop hunt must have hit some people hard.
Currently the market must still go down to collect money that was lost during the decent
I say look for next drop close to right shoulder of head and shoulder pattern
And than consolidation at the bottom of the range
Clearly a fake to make people think bitcoin is gonna go higher
Second stop hunt was to get those at lower level close there deals also
Currently we looking at a change for more upside
But the truth is
We also looking at a head and shoulders pattern in the making
The downside is still in control
The massive pull back or stop hunt must have hit some people hard.
Currently the market must still go down to collect money that was lost during the decent
I say look for next drop close to right shoulder of head and shoulder pattern
And than consolidation at the bottom of the range
