Beware: This pattern could trigger a Bitcoin crash below $90,000
Bitcoin (BTC) continues to reject key resistance levels, with a cryptocurrency analyst warning that the asset will likely crash below $90,000 based on the technical setup. Specifically, Bitcoin is forming a potential head-and-shoulders on the hourly timeframe, a classic bearish technical pattern, according to cryptocurrency on-chain expert Ali Martinez in a post on X on December 3. Notably, the pattern is marked by a peak (the head) flanked by two lower peaks (the shoulders), and it has historically signaled a price reversal. Picks for you What’s next for Terra Classic after LUNC’s 80% rally 23 mins ago Uranium.io, a uranium trading dApp powered by Tezos, goes live 37 mins ago ...