BTC/USD Update

4 במאי 2021

By now everyone has seen the bump and run as well as the head and shoulders pattern for btc play out. For now bitcoin has pulled back and has closed exactly above the H&S neckline which is also a trend based fib level (.382). The indicators are currently looking weak for btc price action moving forward, so definitely keep an eye out for what bitcoin does next since it will determine market conditions