BTC Possible Drop to 11.7k

Bitcoin all time history index INDEX:BTCUSD

reiiss7

Accumulation clearly not happening now.

An Inverted Head & Shoulders pattern is printing on the 4 hour, but volume doesn’t match. Likely to be a fake pump/bull trap.

See what happens here from the 2018 bear market? Bulls think we are oversold on RSI then BAM! Capitulation.

Bitcoin standard 83% correction from 69,000 would be 11,700.

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