According to the price target of Head & Shoulder pattern in
Daily timeframe here, Bitcoin will inevitably hit $17,000.
There is also a rising wedge pattern that is forming right now.
Rising wedge is a bearish pattern. The broken bottom support
of the wedge will thus strengthening the idea of Bitcoin will soon
be taking a dip.
Please tighten your trailing stop if you're hodling.
Daily timeframe here, Bitcoin will inevitably hit $17,000.
There is also a rising wedge pattern that is forming right now.
Rising wedge is a bearish pattern. The broken bottom support
of the wedge will thus strengthening the idea of Bitcoin will soon
be taking a dip.
Please tighten your trailing stop if you're hodling.
Trade closed: target reached
Price target is $29,000