WWEKLY HEAD & SHOULDER PATTERN BROKE OUT ? 22K ? BEAR MARKET HAS BEGUN !
Lets talk about the crazy bitcoin price prediction , Yes exactly as I mentioned in the above tile , $Btc is in the danger situation , IF THIS PATTERN PLAY OUT ? Lets straight in to chart , $btc is formed H & S pattern in the weekly time frame , which is broke out ,but we don't get confirmation , If $btc confirm this broke out in the next two or three weeks , $btc will crash up to $22K.
Recently $72k is a very important key level of next moves , IF $BTC BOUNCE FROM HERE AND HOLD OR TRADING ABOVE $72K THEN THIS PATTREN WILL BE INVALID .
$btc now below the $ 68800 from here ( Nov,4,2024) $btc has raised to the ATH at $126199(Sept,29,2025)
#bitcoin Everything is possible in #crypto—massive drawdowns have happened repeatedly, even in bull cycles.
A big correction or crash before the next halving (~April 2028) isn't off the table, especially with macro risks (recessions, geopolitics, regulation shocks) still lurking.
We've seen 80%+ drops multiple times, and if leverage builds too high again or a black swan hits, it could repeat.
My thoughts on post-2028 halving make sense too—historically, halvings kick off supply-shock bull runs (2012→2013: +10,000%, 2016→2017: +3,000%, 2020→2021: +800%).
With maturing institutional adoption (ETFs holding billions, nations/companies stacking), the next cycle could be the one where downside is more limited and upside explodes. $600K+ isn't crazy in a super-cycle narrative—some models (stock-to-flow, power-law trends) point even higher long-term if adoption keeps compounding.
But remember—nobody knows. Cycles have gotten less severe over time (thanks to bigger holders, better infrastructure), yet volatility never fully dies. Hoping (and praying) we avoid the nightmare scenarios -
May-July 2021: BTC topped ~$64,800, then plunged to ~$29,300 (over 55% drop in months—China mining ban, leverage wipeouts, etc.)
Nov 2021 - Nov 2022: All-time high ~$69,000 down to ~$15,760 (nearly 77% crash—Terra/Luna collapse, FTX blowup, Fed hikes, full bear market).
$xrp Lets straight in to chart , We have 1h chart to well trade set up for the short time frame , After a huge dump $xrp broke the down trend in the 1h chart as we see in the chart , But don't forget may be this bear market(?) , don't worry that doesn't mean market always go down and down , It will take some corrections up word directions, that's why I see $xrp will push up the price in the short term .
$btc is trading at $89k level , which is the support now , But broke this and $btc is trading below , Very difficult situation here , Last time $btc tried to broke this resistance several time and after that succeed (89K).
Lets go to the chart , Here 4h chart and $btc made rising channel , which broke out down side . $btc reached first target 89k . Second target is 84k (The bottom of channel )
What is next ? $btc broke out without confirmation . That's why ,I think $btc moves upward first and after that continue its down trend . The confirmation target is $91k .
Do Your Own Research before taking any action . $NFA {future}(BTCUSDT)
$btc , Yes Exactly mentioned in the title , Have a long opportunity? , Lets talk about .
Before talking about as usual -
1. Do Your Own Research before any an action
2. #NFA
Lets straight into 4h chart , After a broke out of our previous rising channel and reached around the $86k level (Target was $84k), The $btc bounced from $86k level , which is now support.
$btc formed short W pattern or double bottom pattern in the given time frame, The W pattern signifies a potential bullish reversal, indicating that buyers are gaining strength and prices may rise ,which is Broke out and got confirmation at around $89k level.
$bnb formed double bottom pattern in the 4h time frame , Here well an opportunity to open an position . Recently Grayscale filed #ETF ,its bullish momentum for the $BNB
Trade set up -
Long- $897
Stop Loss- $860
Take Profit - $823
Do Your Own Research before diving into trade , #NFA
$btc is trading at $89k level , which is the support now , But broke this and $btc is trading below , Very difficult situation here , Last time $btc tried to broke this resistance several time and after that succeed (89K).
Lets go to the chart , Here 4h chart and $btc made rising channel , which broke out down side . $btc reached first target 89k . Second target is 84k (The bottom of channel )
What is next ? $btc broke out without confirmation . That's why ,I think $btc moves upward first and after that continue its down trend . The confirmation target is $91k .
Do Your Own Research before taking any action . $NFA
Lets talk about XRP , XRP formed M pattern in the 4h time frame . The pattern broke out but confirmation is pending , Once we see confirmation a well an opportunity to Short from here .
Do not enter without confirmation . Do Your Own Research before any an action , #NFA .
The M pattern identifies a potential reversal from an uptrend to a downtrend and resembles the letter 'M' with two distinct price peaks of roughly equal height. These peaks are separated by a trough, indicating a temporary decline in price before another rise. The M pattern suggests that upward momentum is weakening and sellers are gaining control. The components of the pattern are –
First peak- Represents a temporary high in price, followed by a decline.
Neckline: A horizontal line drawn connecting the swing lows (valleys) between the two peaks. This line acts as a support level.
Second peak: A secondary price rise that ideally does not reach the level of the first peak, demonstrating diminishing purchase pressure.
Breakthrough: The bearish signal occurs when the price decisively falls below the neckline, suggesting a potential downtrend. {future}(XRPUSDT)
Lets talk about XRP , XRP formed M pattern in the 4h time frame . The pattern broke out but confirmation is pending , Once we see confirmation a well an opportunity to Short from here .
Do not enter without confirmation . Do Your Own Research before any an action , #NFA .
The M pattern identifies a potential reversal from an uptrend to a downtrend and resembles the letter 'M' with two distinct price peaks of roughly equal height. These peaks are separated by a trough, indicating a temporary decline in price before another rise. The M pattern suggests that upward momentum is weakening and sellers are gaining control. The components of the pattern are –
First peak- Represents a temporary high in price, followed by a decline.
Neckline: A horizontal line drawn connecting the swing lows (valleys) between the two peaks. This line acts as a support level.
Second peak: A secondary price rise that ideally does not reach the level of the first peak, demonstrating diminishing purchase pressure.
Breakthrough: The bearish signal occurs when the price decisively falls below the neckline, suggesting a potential downtrend.
A falling channel pattern in technical analysis shows a downtrend with parallel, downward-sloping support and resistance lines connecting lower highs and lower lows, indicating potential price movement within this channel, Recently broke out wait above the resistance line as a bullish signal.
A falling channel pattern in technical analysis shows a downtrend with parallel, downward-sloping support and resistance lines connecting lower highs and lower lows, indicating potential price movement within this channel, Recently broke out wait above the resistance line as a bullish signal.
A falling channel pattern in technical analysis shows a downtrend with parallel, downward-sloping support and resistance lines connecting lower highs and lower lows, indicating potential price movement within this channel, Recently broke out wait above the resistance line as a bullish signal.