Thanks, A H4 close above 11300 may take price to 12750 which will likely reject price at first test. A close below 10450 and we are looking lower.

Long term tendencies over 12 months at least.

Thanks, glad to be of help.

You have to make your own decision based on info. Don't jump in, wait for price to show its cards.

It could be what is called a "look a like" H&S pattern.

Or is one of those bubbles, which are impossible to read, refering to a neckline? Pity one can't enlarge the chart. I had the same issue today.

I sound head and shoulders pattern should have a clear neckline, but it is a creative task to draw on these long wicks here so I understand that you refrained from that.

Bitcoin will be around for a long time. Very low total supply and so on. What about the 10% inflation you talk about, just curious, if you have your own definition of inflation?

Cheers, I think many governments will be wise to let this young technology, driven by for instance trading, have a chance to grow as it is obvious it holds lots of potential and that the modern society,

Well if you want to trade.

I am pure technician, all info is in the charts, it is all about probabilities. There are always rumours and talking going on.

Thumbs Up!