TheRealVSky

Is BTC setting up a Head & Shoulders Short Opportunity?

COINBASE:BTCUSD   Bitcoin
Bitcoin has a potential Head & Shoulders pattern that could be setting up a short opportunity. If $btc fails anywhere between $9350 and $9700, it could continue to pull back an additional 5% and complete a H&S pattern on May 14 and a price target of $8900-$9k. IF all of that lines up, expect bitcoin to have an aggressive short attempt an additional 10% to $8k on or near May 20-21.
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