Jfcaldwell

BTC Update - How many times can I be wrong before I am right?

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BINANCE:BTCUSDT   Bitcoin / TetherUS
Please see the BTC chart. I have my notes on the chart.

-I was wrong about the perfect inverted head and shoulders. After it broke upwards, I tried to see if it could be slanted.
-I was wrong again... The second inverted head and shoulders pattern did not play out either (although it could with a slight note on the neckline.
-I think I will be wrong again (so maybe I will be right this time) on the BTC pullback before a new ATH.

It still does not matter which way BTC moves. If we go down, we will complete a bearish pattern which will complete a bullish pattern, if we go up we will invalidate a bearish pattern and move to complete a bullish pattern.
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