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Possible Head and Shoulders on BTC suggests drop to80k incoming

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Hi Traders,

I remain bullish on Bitcoin, though the short-term charts are showing some bearish signs. A clear head-and-shoulders pattern has emerged on the chart. While the target could potentially reach 80K, I wouldn’t be surprised if it reverses sharply before hitting that level.

That said, I’m hopeful this scenario plays out, as it would provide a great opportunity for a reset and a chance to buy the dip. Keep an eye on this setup, and I’ll see you next year!
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It currently looks like a proper head and shoulders. I might have mistaken the last shoulder, but now we have one more clearly. It has potential to reach around 80-83k.

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