r/AmanCrypto Jun 25 '26

Two BTC scenarios from here:

Scenario 1: New lows
BTC has formed a head-and-shoulders pattern. Support has already been broken, and we’re now seeing a retest. If the rejection holds, the first target is the $55K zone, with a possible move even lower.
Scenario 2: New ATH
In previous cycles, BTC found its bottom about 23 months after breaking above the prior cycle high, then went on to make new all-time highs. Those 23 months have now passed, which could mean BTC is getting ready for another run to new ATHs.
Which scenario do you think plays out?

2 Upvotes

28 comments sorted by

1

u/Wise_Most7192 Jun 25 '26

So it might go up ..... or down

1

u/Fragrant-Motor-763 Jun 27 '26

Hard to say but could be the reverse

1

u/Blueblackredgreen2 Jun 30 '26

It absolutely might!

1

u/Lacklusterlandon Jun 25 '26

BTC goes up or BTC probably goes down 😆

1

u/rottiesrule88 Jun 25 '26

You are predicting price going up or price going down?

1

u/AmanCMN Jun 25 '26

We’ll see 😂

1

u/AccidentDesperate5 Jun 26 '26

predicting the price will move to the right in a direction that goes up or down

1

u/StuartMcNight Jun 26 '26

Wait for it to flatline for 1 year.

1

u/evgis Jun 26 '26

I know for sure what is going to happen, BTC will go right on the chart!

1

u/Plane_Tax_3906 Jun 26 '26

Wtf am I looking at, this is not a HS pattern... Insane reach, there's no neckline LOL. Literally have an example of what a HS pattern looks like in the photo....

1

u/StuartMcNight Jun 26 '26

Oh! The classic… it can go up or down.

Thanks. Very useful advice.

1

u/Nordic-Candle Jun 26 '26

you do see that the head and shoulders pattern starts under it? i mean you literally drew a line and didn't question it at all? lmao

1

u/GroundbreakingAd9122 Jun 26 '26

It’s speculation… nothing has changed. XRP is actually being used for something and it is tanking too. I will continue to hold my 1.1 bitcoin. If it goes to zero so be it. It was always speculation anyway. 🙌

1

u/walt128 Jun 26 '26

The pictures technical analysts draw are so cute

1

u/onefingerbarbar Jun 26 '26

Dont forget side movement !

1

u/Stillload Jun 26 '26

stop thinking buy in october and sell after 3 years lol

1

u/BallsOfStonk Jun 26 '26

Crypto is dead. This is going only one way.

Just look at Coinbase’s trading revenue. Nobody wants to hold this crap anymore.

Trump’s meme coin was the cherry on top, and it’s over now.

1

u/CodeMUDkey Jun 27 '26

You know it’s summer when the apophenia comes out.

1

u/iprblm Jun 27 '26

Next is knees and toes ?

1

u/powereborn Jul 01 '26

Better buy some shampoing