Bearish pullback

16 Nov

Past week or two saw the crypto in a bullish move which now seems to be on a halt. This halt is being caused by a potential developing of a right shoulder of the head and shoulder pattern, signalling a move downwards. If price stabilises below 91500 Bitcoin can find support on these low barriers to kickstart the upward momentum again. Alternatively, stability above the 91,5k will see bullish continuation.