Thanks @lordoftruth, i would love to give you the following results i got from research i did 25 years ago on stock-market historics. Average success of a normal head- and shoulders formation is 85% but only 65% for a reversed bottom formation.
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Maybe, but this is bitcoin :-)
The long term perspective is bullish, because cryptos in general are in times of mass adoption. And bitcoin is the boss.
Bitcoin is The Grandfather
:-) Long term bullish, yes. Bitcoin is the boss, yes. Nobody will go against that. I don't have enough statistical data yet to do same research on crypto but results with available data show very similar results as stock market and as such, i don't give too much importance on the inverted head- and shoulders, just saying :-)
Thanks for note and good comment..
I agree fully with you..@bubke
By the way I SLD the 19700.00 and I BGT the 6100.00
For me the bottom is in and I am bullish as trader and investor from the 6 K
Thanks for support.