Bitcoin
Short

Bitcoin: possible scenarios for the next days

Updated
Classic Wyckoff:

A) If we manage to keep the momentum and finish the inverted head and shoulder pattern, I'd expect us to rally to around 7500. If we then form a double top, expect retracement to 6000 / 5800. (most likely scenario, in chart)

B) If we push through at 7500 and euphoria kicks in, we could go as high as 8000 - 9000.

C) If we fall back now, we might revisit support at 6800 and try again or fall straight through to 6000 / 5800.
Note
Head & shoulder forming, going to fall back.
Note
Other possibilities: snapshot
Trend Analysis

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