Bitcoinist
2020-04-13 18:00:05

This Valid Head and Shoulders Pattern Could be Devastating for Bitcoin

Bitcoin’s attempt to rally past the $7,000 region has proven to be fleeting, with the benchmark cryptocurrency losing its momentum beyond this point and reeling below the support that had been established at $6,800 in a sharp overnight movement. This recent price action has led to the formation of a clear head and shoulders pattern – a signal that the cryptocurrency could be in for some serious losses in the days and weeks ahead. Bitcoin […]

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer