Published: 12 Feb 2018 › Updated: 12 Feb 2018
BTC/USD correction reversal (Inv H&S)
Objective Observations
- No major fundamental attack
- No catastrophic (systemic and critical) event
- Downtrend primarily profit taking and secondarily news-driven since November (amplified by governmental regulatory discussions)
Assumption
- Big money front-running. Market being artificially suppressed.
Anticipating breakout towards $10k OR bull-trap back to previous low support of $6k
Up is good for all of crypto, including STEEM. Down is good for people who want to buy more.
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