Massive Head and Shoulders Pattern BTC Weekly 2022

Per Investopedia, a head and shoulders pattern is a chart formation that appears as a baseline with three peaks, where the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.

The BTC weekly chart formed a MASSIVE head and shoulders pattern with a potential low as drastic as 10k.

The range is between 10,000 and 17,600

Comment:

Adjusted Chart for better viewing.