Head and Shoulders Breakdown for Bitcoin
Bitcoin just broke down from the head and shoulders we identified several reports ago. If our technicals serve us, this puts a target at 32.3K, and a second target back at 30K or even 
29K again if the bear momentum continues. This signifies that BTC is still complacent in the broader range of 30K to 40K and this is not likely to change any time soon. We are likely to test lower levels first before making another run for highs. The Kovach OBV has dipped sharply as confirmation.
29K again if the bear momentum continues. This signifies that BTC is still complacent in the broader range of 30K to 40K and this is not likely to change any time soon. We are likely to test lower levels first before making another run for highs. The Kovach OBV has dipped sharply as confirmation.
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