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logicalTruffle31838

WARNING: BTC could drop to 48'000$ (Head and Shoulders pattern)

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Bitcoin (BITSTAMP:BTCUSD)  
logicalTruffle31838  
BITSTAMP:BTCUSD   Bitcoin
Chart Patterns Head and Shoulders Bearish Patterns bitcoinprice bitcointrend cryptomarket
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chartpattern headandshoulders bearish bitcoinprice bitcointrend cryptomarket
A big Head and Shoulders Pattern is forming after last month's rally. This suggests that the trend could rapidly change. This would lead to a bearish phase with the BTC price reaching 50'000 USD or less. We would need to reach the 70'000 USD zone soon enough to invalidate this scenario.
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