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RE: Bitcoin (BTC) Morning Update: Let the price flick around like a fish out of the water!!
doesnt this pattern discern a very huge head and shoulders pattern, i know @haejin said volume invalidated it but doesnt this poses a GIANT bearish trend nevertheless ?
I'll keep saying this: You can't have a volume confirmation for a head and shoulders pattern in the Bitcoin market because the market is illiquid, 60% of BTC adresses can't move their coins because of the high fees. So by this I mean - be a bear, for now.
I agree, I'm sure we will see BTC go up to 13500 in the next few hours and then see a decline to high 11k low 12k