BTC Larger H&S Fakeout

Updated

Posting this before rest of crypto twitter talks about this. I think this large H&S will develop but I think those chances are very low that it plays out to dump BTC to 20k. If BTC is to dump to 20k or , it needs to happen NOW, not by the time we develop the H&S.

Note

One of my friends sent me something similar so I decided to mark it out on my own charts and see if there is a comparison to the 2019/2020 mini accumulation range that we had.

Thought the style of accumulation was interesting as it looks like its mapping out similarly

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