Bitcoin Head and Shoulders Pattern Signals $80K Neckline as a Risk Zone

TLDR: The Bitcoin head and shoulders pattern shows neckline pressure near $80K after repeated rejection attempts across key trading sessions Market structure reflects weakening momentum as the Bitcoin head and shoulders pattern forms following a failed breakout above prior highs Measured move from the Bitcoin head and shoulders pattern places potential downside extension toward $40K [...]

The post Bitcoin Head and Shoulders Pattern Signals $80K Neckline as a Risk Zone appeared first on Blockonomi.