Bitcoin: (Potential Bearish Neck $ Shoulder)
Bitcoin X right Prices for week2, April, 2024:
There is a concern, after calculating week 1, April my formula showing me something not right! BTC price showing $72,808.65, $72,918.95 and this could potentially create a Bearish Neck & Shoulder pattern within 1D timeframe. Until this is clear with a good confirmation we will not continue. If this happen expect price to go as low as $65,733.48,m $65,470.14,
Next Prices will follow but watch for the trap.
$71,114.52
$71,638.22
$72,174.08
$72,808.65 ( Potential Bearish Neck $ Shoulder)
$72,918.95 (Potential Bearish Neck $ Shoulder)
There is a concern, after calculating week 1, April my formula showing me something not right! BTC price showing $72,808.65, $72,918.95 and this could potentially create a Bearish Neck & Shoulder pattern within 1D timeframe. Until this is clear with a good confirmation we will not continue. If this happen expect price to go as low as $65,733.48,m $65,470.14,
Next Prices will follow but watch for the trap.
$71,114.52
$71,638.22
$72,174.08
$72,808.65 ( Potential Bearish Neck $ Shoulder)
$72,918.95 (Potential Bearish Neck $ Shoulder)
Expect the following Prices for Mid April:
New Support: $76,495.36
$76,690.81
$77,619.07
$80.716.06
$81,027.67
$82,083.54
$82,569.81
$83,125.79
April, Distribution price: $85,621.88
Retest between Mid April - Mid June = $52,774.91.