BTC is making head and shoulder pattern
Updated
By dropping in price of BTC, it is highly possible to make a head and shoulder pattern.
If BTC follows the resistance levels based on fibo, it is going down down down.
If it is going down, I expect to see 30-40 grand for BTC again.
If BTC follows the resistance levels based on fibo, it is going down down down.
If it is going down, I expect to see 30-40 grand for BTC again.
Note
this idea will fail in case BTC breaks the downward trading pattern. Now it follows the head and shoulder, but with a little bit wider head pattern.
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