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All moments › 🔴 BITCOIN DUMPING — IS THIS THE BIG MOVE? | BTC LIVE TRADING

Analyzes 20% correction scenario, support resistance flip, and shoulder-head-shoulder pattern formation.

From 🔴 BITCOIN DUMPING — IS THIS THE BIG MOVE? | BTC LIVE TRADING · jumps to 20:22 · speech

▶ Open at 20:22 on YouTube
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And if we come down 20%, guess where that's gonna take us? It's gonna take us right to around 69,000, which actually is a perfect level. In my opinion, if the bottom is in, we've discussed it many times on this channel. I don't need to go into that again about whether or not the Bitcoin bottom is in. But I would not be surprised if we don't come down and front run the support resistance flip here. And that's where we actually get a bounce. That would be really nice. That's about a 20% correction from the high we put in. We flipped market structure, we make the higher low here. That gives us the good old fashioned shoulder, head, shoulder, and then we come down and we get a nice juicy continuation wave here on our 12 day or whatever, right?
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