FX.co ★ #Bitcoin M30: Head and Shoulders

According to the chart of M30, #Bitcoin formed the Head and Shoulders pattern. The Head’s top is set at 67280.60 while the median line of the Neck is found at 66148.98/66216.92. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of #Bitcoin will go towards 66216.62.