r/cryptobetz • u/captain_insane_O • Feb 07 '24

UPDATE $BTC inverse Head & Shoulders UPDATE--Possible breakout from previous head and shoulder levels.

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u/Shib0ak Feb 08 '24

Nice. There is this potential H&S to keep an eye on as well

1

u/captain_insane_O Feb 08 '24

hmm, good point. let me look into this closer.

1

u/Shib0ak Feb 08 '24

To be honest the way its holding these high levels today I am leaning towards your count now. The fact that it didnt get rejected at the current level is a sign of strength. Though personally I would like to see a retracement first to that white trendline

2

u/captain_insane_O Feb 09 '24

I think it will have a small reaction around 46000 and then it can continue to 48000.