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RE: Bitcoin (BTC) Morning Update: White W Bottom Still in Progress

in #bitcoin4 years ago

I am hoping for a head-and-shoulders pattern to be complete. It may be selfish of me but I want to buy bitcoin at a discount, so to speak. So, drop baby drop. Then rise to the raptors.


Those of you who can check volume levels, should do so. If those levels are low, expect a completion of the head and shoulders. After all, if there are not enough buyers to push prices higher, the shorts and selling increase. We could be on the verge of seeing prices drop below $7000 again. I don't expect prices to reach $12000 again until institutional monies are injected into the system.

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