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BTC Likely Heading To $25k - $20k From Here - Head & Shoulders
Bitcoin
Short
BTC Likely Heading To $25k - $20k From Here - Head & Shoulders
By BrettFogle
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Jun 22, 2021
5
Jun 22, 2021
After today's selloff and Bitcoin trending sharply lower, the impending 'Death Cross' of the 50 and 200 EMA seems unavoidable.
These levels are unlikely to hold here, especially with more bad news coming out of China and more FUD all around.
25K
is the next likely drop, but I'm thinking we may see 20k Bitcoin before it's over and we put in a bottom.
Chart Patterns
Technical Indicators
Trend Analysis
BrettFogle
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25-year investor & trader, bought 1st BTC at $20
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Related publications
Bitcoin Weekly Head & Shoulders + Bearish Engulfing Candle
by BrettFogle
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