ewhite41

Bitcoin Head & Shoulders

Short
BITSTAMP:BTCUSD   Bitcoin
Look for this head and shoulders pattern to play out. Downside targets are in place. With July setting up to be a month where we can see Bitcoin heading lower, I can see bearish pressure coming into the market to shake out the weak hands of retail traders. In order for us to break $65k, we need a bigger pull back for momentum to the upside.

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