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TheCeleryInvestor

BTC - Freefall to 42K

Short
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
TheCeleryInvestor  
BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Chart Patterns Technical Indicators
3
0
trendanalysis chartpattern indicator
A head and shoulders pattern is forming on the 1 & 4 hour chart implying a possible sharp drop to 42K.

Bulls must bring the price back up to 50,2000 and close above that level to invalidate this scenario.

If 42K fails to hold, I am expecting a further decline to 38K.

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