I will be posting new charts more frequently if older once stop supporting the trend lines
, the market tends to evolve quite rapidly after all. In this scenario, we see an Inverse H&S
, which should normally result in upward price movement. It will retest where the major resistance is aka begin dump and historical resistance points. At these resistance points it will correct, also fibs retracement and will make a cup and handle
to break through these upper resistance levels, resulting an end of the dump. We might see a double top
forming or it might even break the ATH
) sending it to new levels. For now this chart should support us with bitcoins
movement. So stay tuned!