Bitcoin potential head and shoulders setup!
We're seeing a nice head and shoulders reversal setup with the major level of support at 15975 (Fibonacci retracement, horizontal overlap support). Upon the break of this level it would suggest a head and shoulders reversal pattern is completed. The next major level of support would be 14605 (Fibonacci retracement, horizontal overlap support).
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Losses can exceed the initial investment so please ensure you fully understand the risks.