Bitcoin is completing a bearish head and shoulders pattern and could trade lower to re-test key support levels over the coming week. Previous price action and technicals shows $3000 as a significant level of support for BTC. If broken, prices could retrace back into the $1800 range.
With a potential SegWit hard fork coming next month, one could make the bearish case on this chart. Let's keep an eye on this pattern.
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