Another lower high will send BTC to 8.4k or lower

25 ביוני 2020

BTC 4H Coinbase - Each time we get to the top of the trend line we have gotten a strong rejection off of it - The 10k level is the level to claim for the bulls. First we would have to get over the 9792 high but I just don't see it happening especially after the last drop. I was thinking we may get a weak bounce here and roll over to form a H&S pattern & if the pattern gets confirmed then we would take out the 8895 low and bring BTC to around 84xx where it would form a much bigger Head and shoulders on the 1D chart — Bottom line is over 10k is bullish under 9.2 - 9k is bearish