mrmw

Huge drop possible for BTC if short-term history is an indicator

Short
BITSTAMP:BTCUSD   Bitcoin
BTC completed a Head & Shoulders today.
Looking at the previous 20% drop from the last Head & Shoulders, we could see a drop down to the 9k support level and even the 7k support level before the end of this month (August).
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.