BITCOIN head and shoulder pattern + CME GAP
Bitcoin appears to be forming a potential Head and Shoulders pattern, which is a commonly recognized bearish reversal structure in technical analysis.
If this pattern fully materializes, it could lead to a corrective move, possibly targeting the price gap in the $77,000–$80,000 range. This level may act as a magnet for price action, fulfilling a technical gap-filling scenario often observed in market dynamics.
If this pattern fully materializes, it could lead to a corrective move, possibly targeting the price gap in the $77,000–$80,000 range. This level may act as a magnet for price action, fulfilling a technical gap-filling scenario often observed in market dynamics.
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