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Another Dump Pump And Dump Of Bitcoin (BTC)

moon333

Published: 01 Jul 2022 › Updated: 01 Jul 2022Another Dump Pump And Dump Of Bitcoin (BTC)

Another Dump Pump And Dump Of Bitcoin (BTC)

Hi, friends hope you are well and welcome to the new update on Bitcoin:
Down channel:
On an hourly time frame, Bitcoin broke down the support of a channel but soon re-enter the same channel and after breaking out the resistance once again entered the channel.

image.png

Head & Shoulder:
On a 4-time frame, BTC is forming the bigger right shoulder of a Head & Shoulder pattern.

![image.png](UPLOAD FAILED)

Testing a long-term support:
On a weekly time frame, Bitcoin is moving below $19500 support and we need the weekly closing above this level.

image.png

For a detailed analysis, you can watch the video.

▶️ 3Speak

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