Similar pattern or what?

in Project HOPE5 years ago

Am I imagining a Bitcoin pattern or what??

Well these days we have been having a lot of Head and Shoulder patterns in Bitcoin. You have two little ones inside a big humongous one and then at the end it's all in a wedge! So I thought to myself "I'm going to Google this." And lo and behold, I found it. I found the pattern. It looks really similar to what's going on right now. So similar I decided to post it here to see what anyone else had to say about it. Is this similar, or am I imagining things??

PSX_20210117_225447.jpg

1st target price:
USD: $33,000
KOREAN WON: 37,100,000

@nainaztengra
@cryptopie
@lfgiaa
@powerego
@freegon
@fur2002ks
@dorian-lee

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Maybe your right or wrong, this indicator does not predict the outcome.

I think you're right!

The way I see it @gungho is that #BTC is just "consolidating" and preparing for another leg up past the $42K mark.

The US BTW will pump money and I guess it will make a great difference on the price once again.

You're probably right @cryptopie.
I was just surprised that a chunk of patterns in a row could actually repeat to a certain extent. Of course, like the guy above commented, just because it is an indicator doesn't mean the same outcome.

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