Bitcoin (BTC/XBT) Analysis 2021/05/28: Head and Shoulders Break!

Bitcoin has been struggling to get above the 40-42K region of resistance, and in fact printed a head and shoulders pattern. It has just broken the neckline of this head and shoulders pattern @ 37.5K. Price could potentially fall to 33.5-34K based on the target from the Head and Shoulders pattern. Please exercise extra caution.

As always, everything is just my opinion and is not financial advice, please DYOR, and stay safe!