DrDovetail

We saw a slight bounce but there's a chance of an inverted c&h

BITFINEX:BTCUSD   Bitcoin
Shown hear is the potential cup of the inverted cup and handle play very close attention to price action and whether or not it dips below this neckline. To trigger an inverted cup and handle here could dip us to 3.6k-4k so I'm hoping this doesn't happen but after the last inverted cup and handle we broke down from its wise to at least be prepares and keep an eye on whether or not this pattern plays out...hopefully we go upward instead 3k is not something this market needs.
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