sarged

Bitcoin, two head & shoulders scenarios

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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We are at the crossroads right now.
If bitcoin manages to close above 10.5k it will gravitate towards the inverted H&S neckline. And with successful breakout from there it could potentially become super bearish .
On ther other hand, if we complete the right shoulder of the red H&S and close below it, we could see 7k or even 6k in play. probably to bounce off the long term supports.
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