Bitcoin Head and Shoulders Pattern Points to Potential Drop Near $25K

To be honest, I expected the second shoulder of this “Head and Shoulders” pattern to be more pronounced. What’s scary is that, according to this technical setup, we could end up dropping almost to 25k.
Considering we’ve slid from 126k to 76k purely on fears - without any major crises or wars and with interest rates falling - the 35-40k bottom I was previously counting on (note no text edits in that post. The incredible seems much more probable just 5 month later) now seems a bit too optimistic😬

Originally posted on Telegram channel.