Possible Head and Shoulders forming on Bitcoin
So, after a good run from $31000 to $41500 in 7 days with multiple resistance breaks there could possibly be a Head & Shoulders pattern forming on Bitcoin as seen on multiple hourly time frames.
As of writing this Bitcoin has been heavily rejected from $41330 after breaking through its previous resistance and I believe it will continue to go down after this for a while.
I'm overall bullish on Bitcoin, but I don't think these massive swings are over with quite yet, something to think about.
As of writing this Bitcoin has been heavily rejected from $41330 after breaking through its previous resistance and I believe it will continue to go down after this for a while.
I'm overall bullish on Bitcoin, but I don't think these massive swings are over with quite yet, something to think about.
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