BTC/USD Head and Shoulder inside Head and Shoulder.

Hello everyone,

This is no investing advice I am no trader by any means but I have become interested in the markets lately.

I am wondering if I am correct in saying that a Head and Shoulder pattern is forming on BTC/USD chart. (30min and 1hour).
This looks bearish to me on the short time frame.

Please let me know if you also think that there will be a dip in BTC soon before continuing to new ATHs.

How low do you think will go?

Cheers,
T.R.

Yorum:

I was right here.
H&S pattern ended up in a correction of about $5700.
Price resumed climbing to $41800 after correcting again.
Today it looks like a much bigger corection is around the corner.
Only time will tell.

Cheers,
T.R.