TWO Major Bearish Patterns Could Bring BTC to USD 3.7k - 4k.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Strong Resistances in the Area (USD 6,750 - USD 6,850):
- EMA 50 days.
- MA 500 days.
- Major down trend line (white line).

- USD 6,250.
- USD 6,100 (Neckline - purple line).

Potential TWO bearish patterns formation:
- Rising Wedge .
- Head & Shoulders pattern.
Comment: Bearish pattern - H & S still valid.

Major Down Trend Line (Strong Support).
Support: USD 6,050 (Neckline - purple line).
Trade closed: target reached


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