The Bitcoin chart looks horrible.
Not only does the flag that followed the recent breakdown project a move to $6K,
but we are close to completing the right shoulder of a head and shoulders top,
with a $14K head,
and neck line just below $8K,
that projects a collapse to below $2K!
Analysts predict Bitcoin’s dominance to spike upwards by year-end Technical analysis of Bitcoin shows that the Bollinger bands have started moving parallelly after a massive bearish outbreak.
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