GetSet

BTC/USD - Head and Shoulders Formation

Short
BITSTAMP:BTCUSD   Bitcoin
The BTC price after the breakdown of ATH failed to establish a new support zone at that level and made a downward movement.
Now we can see that the market price looks like a head and shoulder formation, and the price has not reached the support zone yet.
The downward movement can be expected to continue until support is reached.

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This is NOT a FINANCIAL ADVICE. This is just my point of view on the current situation.
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