BTC Q4 UPDATE
We've been waiting quite a long time to publish this, but today we received another bearish confirmation and here it is.
You have probably already heard about this massive
H&S pattern on the Bitcoin 1-3D chart. The neckline is located at the
$25,000 support level.
Most probably we will see a
breakdown of this support. Chances of testing the
$20,000 level this year are quite high.
The top of the
right shoulder can be located in the $28,000 - $30,000 zone which means locally we can still go
a bit higher.
We need one more dip before the
2024 - 2025 bullrun! lower lows are extremely unlikely
