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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Many technical analysts are pointing out that BTC (and also GBTC, a bitcoin ETF)
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tonmoycrypto (OP)
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January 24, 2018, 11:58:19 AM
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charts are horrible in the short term. Its a complex head an shoulder pattern indicating a strong bearish sentiment, which might result in substantial price decrease. Its not the first time that this kind of pattern has been seen in BTC charts though. However, Bullish-Bears have cautioned, so have others.
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https://www.newsbtc.com/2018/01/16/bitcoin-price-technical-analysis-01-16-2018-complex-head-shoulders-ready-break/
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