Path B - head and shoulders
The preceding chart (Path A) demonstrated how Bitcoin could be forming a bullish C&H pattern.
As there is two sides to every coin, this chart exhibits the bearish route Bitcoin could take.
If price rebounds and fails to break previous trend high of $4,170, then BTC will likely head south and retest the previous support level of $3,100.
As there is two sides to every coin, this chart exhibits the bearish route Bitcoin could take.
If price rebounds and fails to break previous trend high of $4,170, then BTC will likely head south and retest the previous support level of $3,100.
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