Bitcoin Path To $70,000? Analyst Shows What This ‘Head And Shoulders’ Pattern Reveals
Bitcoin, the leading digital asset in terms of market cap and adoption, recent activity on its price chart has led to speculation
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Shoulders
Crypto Market’s Inverse Head & Shoulders Pattern Teases ‘Alt Season’: Technical Analysis
If you have a look at the altcoin's daily market cap chart, the bottom of the left shoulder, $188.4 billion, was created in June 2022, the low of the head, $173.23 billion, was made at the end of December, and the bottom of the right shoulder at $177.36 billion appeared
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Bitcoin (BTC) Chalks Out ‘Head and Shoulders’ Pattern Ahead of U.S. Jobs Data: Valkyrie Investments
"High timeframe trend metrics remain firmly bullish, a near-term [bearish] reversal chart pattern has emerged. Although not classically meeting the textbook criteria of a head and shoulders, price action since March 19 has painted an extreme high with flanking lower highs," Valkyrie's analysts, led by chief investment officer Steven McClurg,
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Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets
Crypto markets remain volatile and a handful of seasoned traders believe that the bearish trend will continue as long as stock markets are chasing new lows.Most investors would agree that crypto is now in a bear market and the current price action for Bitcoin (BTC) and Ethereum (ETH) suggests that
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