Bitcoin Analysis 5/12/22 Pt 3 (Two Bearish Scenarios)

BTC/USD COINBASE:BTCUSD

NeutronMan

Bitcoin failed to stay above support on the Falling Wedge pattern on the 2 Day Chart and it appears to have already started dropping in this Head and Shoulders pattern. According to Market Symmetry, it could potentially retest it’s 2020 low of $3,800 around Late November.

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