For Bitcoin looking from the weekly timeframe we can see clear rejections from the newly found Ath at 67K and I have seen it break the old Ath from 65k to 67K just to be pushed down below Ath at 60k. To me this very bearish because you'd expect once we break ATH we would of kept pushing up further. To me this acted like distribution which means overtime its break down its not going to break down in a straight line but slowly it will. Looking at the H1,H4, daily and weekly we have H&S playing out which indicates timeframe correlation.
Yorum:
Weekly TF H&S is running smoothly to all the people out there that shorted your in deep profits congrats! If you like to show support you can follow my twitter link below that's all I ask.
