BTC/USD - Potential H&S Formation - $6,000 imminent?
Bitcoin's big rise against the USD these past few months have shocked everyone. Nobody expected this.
But that's Bitcoin's specialty: doing what nobody expects.
That's why Bitcoin traders are the most skilled in the world. They have to account for all possible scenarios.
Altcoins and shitcoins look very strong, but they are entirely dictated by Bitcoin's stability, which we've seen these past 30 days.
However, if Bitcoin chooses to follow the "predictable path" of forming a Head and Shoulders pattern, we could very well see 6000ish Bitcoin and crash all of the shitcoins.
This is only a possibility. Remember to create two scenarios and get ready to profit from both. When do you know you're right and when do you know you're wrong.
Good luck.
But that's Bitcoin's specialty: doing what nobody expects.
That's why Bitcoin traders are the most skilled in the world. They have to account for all possible scenarios.
Altcoins and shitcoins look very strong, but they are entirely dictated by Bitcoin's stability, which we've seen these past 30 days.
However, if Bitcoin chooses to follow the "predictable path" of forming a Head and Shoulders pattern, we could very well see 6000ish Bitcoin and crash all of the shitcoins.
This is only a possibility. Remember to create two scenarios and get ready to profit from both. When do you know you're right and when do you know you're wrong.
Good luck.
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