Bitcoin
Short

Bitcoin TA. Simple Price Action

First, I want to say I am strictly a Price Action trader. I like to keep my charts simple and clean and analysis the same. So if your looking for some long drawn out reason for BTC to be doing what it is doing then this is not for you.

Weekly/Daily

Price has made a Head N Shoulders pattern on the Weekly timeframe indicating that price may be heading to lower numbers.

We have a Descending Triangle into support on the Daily timeframe as well also indicating lower numbers. If we break, retest and support flips to resistance, we can look forward to 20K possibly.
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