Happy weekend everybody! Just a quick update. BTC is still bullish (see chart) unless we break the lower part of pennant which is now important support to hold for the longs.
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May be forming a new trendline for the bottom of the pennant. Weak hands getting shaken out!
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Conspiracy Theory: Trump manipulating the market so US can buy as much BTC as possible !
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Risk exercise
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I seriously believe this H&S was formed b/c of Trump. I think his tweet was at the top of the right shoulder which now formed and broke the neckline #conspiracy
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1.5 hrs to close, still in the bull pennant (candle not wick). I will likely be posting a YT video tonight with full analysis