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RE: Bitcoin(BTC): This chart is a masterpiece of technical analysis. Trade Update(2) 12/26/17
Yeah, The possible Head and shoulder pattern you show in the daily chart give some concerns about... In my opinion, the drop of BTC still can be deeper, but it could be as well the contrary :-)... will see
Thanks for your comment and yes that why my target is the top of the right shoulder at around 17 000-17 500,-$. If we not manage to break the right shoulder we probably are going to test lower lows. I keep on udating if you have any charts feel free to post them.