Yesterday I told about the incoming Bitcoin price dump because of the bearish divergence. Today I notice the Head & Shoulders pattern, which is forming like in the textbook.
The neckline of this chart pattern has been already broken and retested. It means the now it's playing out and I expect the dump. Target for this dump can be measured using the head's height. It perfectly coincides with the demand zone at $21k, which could be the strong support for the price.
Not a financial advice. #dyor
