I shared with you the TOBO formation that can occur when it is at $BTC 71k. The price was at the peak level and some of you were saying things like "Will Tobo be at the top?" It was said that Tobo would be at the bottom. I would like to correct a known mistake in your presence. The inverse head and shoulders (TOBO) formation is not only seen or formed at the bottom, it can also be seen or formed in rare cases when the price is at the top level. And in technical terms, we can call this a trap. While everyone was expecting that it would break the resistance in the neck area and continue its rise at the #Bitcoin 71-72k level, unfortunately, they did the opposite. Look, as I mentioned in the chart, the left shoulder also coincides with the 60-61k support on the daily. We can interpret these levels as both support on the diary and support of the right shoulder. So, after the price reaches around 60-61k, will the Tobo formation complete and continue its rise? Or will Tobo not form here and we will see wicks to 50k levels? I will try to give you the answer to this question with technical analysis in the coming days. Please don't forget to interact, good luck...
