BTC IS NOT A HEAD AND SHOULDER

6 Oca 2022

A lot of people are getting extremely bearish atm and I don't blame them. But I'm seeing this Head and shoulders pattern popping up a lot. I do NOT think it is a head and shoulders because the volume profile is way off. if we get a break down, it will be because this is simply a continuation of the rising wedge breakdown we formed the past few months. However, my primary view is that we are in a falling wedge about to recover to 57k