These measured moves are determined from the #cupandhandle pattern.
There is also a inverse head and shoulders pattern within the CUP section, giving further credence that we shall this pattern perform to target.
And thus see further weakness with #Saylor's #Bitcoin investment vehicle.
What goes up must come down.
The current BTC nav sits at $65,827
The premium is leaking out with the mNav at 1.34 likely to test parity
There is also a inverse head and shoulders pattern within the CUP section, giving further credence that we shall this pattern perform to target.
And thus see further weakness with #Saylor's #Bitcoin investment vehicle.
What goes up must come down.
The current BTC nav sits at $65,827
The premium is leaking out with the mNav at 1.34 likely to test parity
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.