BitCoin Can Fall Hard - Head and Shoulders Pattern Formed

Traders, Bitcoin has started to show bearish signs and now it is hanging on to its life at this current level. The current monthly candle can push the price downwards to either create a huge rejection candle with a long wick at the top or a bearish candle altogether. There is a head and shoulders pattern which is right at its neck level right now. If this head and shoulders pattern plays out then this month may end up a a bearish candle for the bitcoin.


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-Vik

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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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