In this video:
* A Head and Shoulders pattern is glaringly obvious on the Bitcoin Daily chart. So, why am I ignoring the 85% probability that it will play out and we will drop to 20k?
* I review my top 7 reasons why I do not see bitcoin price dropping much further
1. Bullish Divergence and kiss of the top of our trendline
2. Weak right shoulder
3. Liquidity pools drying up
4. Hedge funds back to work next week Jan 10. Back from vacation
5. Many of the altcoins have already suffered an 80% pullback. Not much room to go lower.
6. BTC.D is low
7. Everybody thinks we will crash in Jan.!
Wishing you all the best!
- Stew
* A Head and Shoulders pattern is glaringly obvious on the Bitcoin Daily chart. So, why am I ignoring the 85% probability that it will play out and we will drop to 20k?
* I review my top 7 reasons why I do not see bitcoin price dropping much further
1. Bullish Divergence and kiss of the top of our trendline
2. Weak right shoulder
3. Liquidity pools drying up
4. Hedge funds back to work next week Jan 10. Back from vacation
5. Many of the altcoins have already suffered an 80% pullback. Not much room to go lower.
6. BTC.D is low
7. Everybody thinks we will crash in Jan.!
Wishing you all the best!
- Stew
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
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Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.