Copy-paste | Bitcoin could drop to $ 1000 due to the head-and-shoulders model?

Financial guru Peter Schiff predicted the price of Bitcoin would fall to around $1,000 after the week of November 17-24cryptocurrency has fallen in price by 20%.

A popular analyst made a similar forecastTradingview @MagicpoopCannon. He stated that a head-and-shoulders pattern (H&S) has been forming on the Bitcoin chart since May. The measured target for this probable model is located around $1000.

Will the PTS really collapse to this mark? Let's try to figure it out.

Head and shoulders?

The pattern that forms on the chart really resembles a head-and-shoulders model, but it looks very chaotic.

First, the length of the segment corresponding toon the graph for the "head" of the model, more than four times the size of the "shoulders". In addition, there is a significant difference in the height of the right and left shoulder.

Continued via the link: https://beincrypto.ru/bitkoin-mozhet-upast-k-1000-iz-za-modeli-golova-i-plechi/