BTC Bitcoin: Head & Shoulders Potential
Updated
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTC).
The chart is self-explanatory. The Bitcoin price could be forming a Head and Shoulders Pattern similar to before, but the price drop this time could be very concerning. There is a multi-month Support Trend Line which could possibly hold the price up.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
The chart is self-explanatory. The Bitcoin price could be forming a Head and Shoulders Pattern similar to before, but the price drop this time could be very concerning. There is a multi-month Support Trend Line which could possibly hold the price up.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
Note
It is coming close to the neckline. Eyes open!
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