smythca1

Path B - head and shoulders

COINBASE:BTCUSD   Bitcoin
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.

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