It looks like the inverted head and shoulders
pattern is still forming, if this pattern is able to fully form it is very likely the price of bitcoin
would start to rise and we could see the price test the resistance level
of the triangle (A). We will have to wait and see if the price reaches the low of the previous shoulder and is able to bounce, if the price fails to bounce we could see further bearish
moves. I will keep everyone updated on this pair over the coming weeks.