Bitcoin Not Out of Danger Yet
Bitcoin has built a massive head and shoulder topping pattern over the past 18-months.
A sustained decline below $28,000 would confirm a pattern breakdown.
Investors should be nervous as prices struggle to get back above $30,000.
Bitcoin is unlikely to survive a second trip below $28,000.
The first stop would be $20,000, with the potential of reaching $12,500 or lower during crypto winter.
A sustained decline below $28,000 would confirm a pattern breakdown.
Investors should be nervous as prices struggle to get back above $30,000.
Bitcoin is unlikely to survive a second trip below $28,000.
The first stop would be $20,000, with the potential of reaching $12,500 or lower during crypto winter.
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