Kozmoto

Bitcoin Update on Head & Shoulder Formation

BITSTAMP:BTCUSD   Bitcoin

I was able to point out the head and shoulder formation earlier than the most. But still i could have traded on it better.

Anyway now a complex formation is forming and expect a retest of 27-28k prices and below that we may do to 26k or 22k also.

I am still bullish at the macro and this is how i expect the price action to play.

This week will be important one and our January close.
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