Bitcoin is just completing a retest of the Head and Shoulders formation on the weekly chart. I think in the coming days we will see a dive into the zone around 19k with a temporary stop at 25k. What happens after that is not certain but I think we may see one more final decline straight to the red line. After that bitcoin should start slowly building up strength for another epic rally.
This is not financial advice.
This is not financial advice.
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So far this idea has been one of my best predictions. It looks like the price is following the yellow line like a string.
