Bitcoin Forming Head & Shoulders – Watch for a Fake-Out!
Pattern Formation: A complex Head and Shoulders structure is forming:
$BTC
Left Shoulder ✅
Double Head ✅
Right Shoulder forming 🔄
Resistance Zone: The price is currently near a strong resistance area (around 87,000–88,000).
This zone is likely to act as a ceiling and reject the price.
Expected Move (Blue Arrows):
shows a possible fake breakout above the resistance.
Then, a strong drop is expected, targeting:
First support near 78,000.
Trade at your own Risk 👍
Best Regards, Trade Cryptocurrency
Stay Tuned for Further Updates.
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