Bitcoin Update: Head and Shoulders Pattern Points to $75k
The Head and Shoulders pattern has now formed on the one day chart, and Bitcoin is approaching the neckline. If we break below that neckline, we could see Bitcoin heading down to 75k.
At the same time, Bitcoin is also showing a bearish flag. If this flag breaks to the downside, we could see Bitcoin moving toward 81k as well.
My analysis over the past few weeks has pointed to a target range between 75k and 81k, so I’m keeping a close eye on these levels. Let’s see how things play out over the next few months.
I’ll keep you all updated with any changes. Stay tuned and watch the price action closely. 🚨📊
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