Bitcoin is forming an H&S pattern with a target of 83 or 79.
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🚨A drop below $97,000 confirms this scenario.🚨
⚠️Please be careful with your hard-earned money! if this drop occurs altcoins will drop at least 40%!⚠️
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If BTC successfully breaks its last ath, this scenario will be invalidated.
Note
If BTC holds 93k for several days and forms a bullish pattern with a bullish divergence on the RSI, then we must reconsider this analysis.
Current BTC price: 95k
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.