BitcoinShort
BTC Head and Sholders Pattern - Looks like a possible top to me.
There is a pretty clear head and shoulders pattern forming on the BTC/USD chart. If the $104,000 support line does not hold, I expect it to go much lower. A lot of BTC related stocks and EFT's also look like they have been in a distribution pattern the past weeks as well. Hold on to your horses.
Based on history a flash crash in and around the Christmas or New Year holiday is most likely because there will be low volume and less people watching their accounts.
Based on history a flash crash in and around the Christmas or New Year holiday is most likely because there will be low volume and less people watching their accounts.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.