Bitcoin head and shoulder forming

in bitcoin •  7 years ago 


This just confirm the bear scenario in 📊 Bitcoin is not yet out of Bear territory, and also confirm I'm a crappy freehand artist with the mouse :)


These are just my thoughts, not a trading advice.
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Just to debunk the bear scenario here, the right shoulder did not confirm and price jumped quite a bit.

  ·  7 years ago (edited)

Its an octopus and its left (or right to us) arm is reaching for $100k :)

At least :)

But keep in mind we area still building on the bear flag!

Cool painting!

upvoted.

A bit surprised that you're more pessimistic than usual. But thats a good thing...be cautious :)

Well, clearly it helps society, as price did not take the pessimistic route :)
I think it may be because I have been daytrading a lot lately, and got to learn the scenarios better.

Could you please do an analysis of Steem?

I'll do later today