, 5 tweets, 4 min read Read on Twitter
Bitstamp hit close enough to $8,300-8,400 at $8,167. This rally looks done once this 5min blue rising wedge broke down as advised to members. A crash from here is under way to $6,100-5,950 and $5,700-5,500/$5,300
#Bitcoin #Crypto $BTCUSD $BTC
Note: A small bearish H&S could form here with a last shoulder at $7,970 before the crash. If anything changes will advise.
I guess I will eat my words here. Previous top held as support at $7,500-7,400 and the rising wedge has been extended into a bigger one! Retest of the $8,000s coming soon #Bitcoin #Crypto $BTCUSD
Potential Bearish H&S and Rising Wedge reversal patterns observed. Confirmation preferred with a drop below $7,400 towards the 1 Month Support at $6,900-6,800 to complete the head. Target of the H&S is $5,400-5,265 roughly reachable with high volatility #Bitcoin #Crypto $BTCUSD
Bitcoin never confirmed the bear case with a drop below $7,500-7,400. Instead it confirmed it again as support giving the bulls the upperhand once again. New bull channel spotted to $8,400-8,500 and 3-Drive Pattern towards $9,100-9,300 #Bitcoin #Crypto $BTCUSD
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to BitcoinGuru
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!