BitcoinUpdated Bitcoin . Be careful!!!
Bitcoin is forming dangerous Head & Shoulders pattern . Volume is low . It means that demand is small and this price is not interesting for market makers .Also BTC couldnt break downtrend line .If volume increases with up bars and we break out trend line we have clear way to 9800.But in the other hand breaking out the neck line of H&S pattern will mean the following fall may be to 5k.
Note
Broke out resistance may go 9000 $ and higher
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.