Gomle

BTCUSD Large reverse head and shoulder forming.

BITFINEX:BTCUSD   Bitcoin
A reverse triple headed monster may form with an eager right shoulder. Be aware shorters.

The fundamentals of Crypto relies on its survival. I think it will prosper. Soros moving in is just good news. Bitcoin was at break even (cost price) when it double bottomed out with a long depression in the all coins. Hard to think that it will fall under that price since there are billions poured into the crypto mining business. Regardless what the charts says. So if 6-7k USD is costprice now. What will cost price be for the last million BTC. A lot more. So logics tells me this is going a lot higher.

Do not trade on my advice.

Best regards
Gomle

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