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RE: Bitcoin (BTC) Price Update: Another Head and Shoulder Pattern?

in #bitcoin6 years ago

Nice analysis, and yes I do think that we really have to get over the upper trend line at around 12k to be in an overall bull market for crypto. We might hit support at 9k since that's where the 78% fib level is, but I think pullbacks like that are healthy for todays market. Followed you since I do crypto TA updates as well!

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I wonder if this scenario will play out but it seems probable. I guess we'll find out in the next couple of hours.

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