As we can see bitcoin is forming a head and shoulder pattern.
We are currently in a bull trend at the second shoulder base which will reverse at around 45k to undergo a huge correction because a head and shoulder pattern is bearish.
We are currently in a bull trend at the second shoulder base which will reverse at around 45k to undergo a huge correction because a head and shoulder pattern is bearish.
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Update: didn't go as planned, and as I said on another post, bitcoin already formed its second shoulder in December 2021, so it was predictable that the price was going to crash
