BTC at decision point: head & Shoulder may dump to 28K
Bearish case: BTC now almost completed a H&S pattern. If it breaks the neckline tommorow Mar 16 FED meeting day, we are going to see the final capitulation to 28k measured move.
28k will be a great demand zone & the reversal will be fast.
Bullish case: BTC have to bounce above the neck & go on to finally break above 46k & make a higher high to resume the uptrend.
not trading advice
28k will be a great demand zone & the reversal will be fast.
Bullish case: BTC have to bounce above the neck & go on to finally break above 46k & make a higher high to resume the uptrend.
not trading advice
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