Possible Head and Shoulders Pattern in Bitcoin

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar

Looking at the 4hr chart on Bitcoin , we could be forming a short-term Head and Shoulders Pattern, that if confirms, with a low below $5,500 dollars, could lead the price to a minimum price target of $4,800 dollars. Also, we have a negative MACD divergence.

Either war, good luck in your decisions.


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