We are currently seeing a temporary rise in BTC’s price, and another upward wave may follow after a correction. According to the head and shoulders pattern, BTC is likely to drop to the $80,000–$82,000 range for a short-term correction, as this pattern indicates such a target.
RSI is too high on BTC and other ALT coins, We can go lil higher from here, but 100% there should be a correction for a healthy market! Share your opinion with me!
Based on the daily chart BTC is heading down towards the 25K support in two different scenarios! Let me know what you think
We have touched the bottom of the channel and the vol is high It could be the bottom! Let's see how the next day's clandle close! Share your ideas! Cheers
You can see the head and shoulder pattern and the breaking the line of uptrend! I see it might can go all the way to 54K area for the next support!