Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    image 11
    CryptoMarketNewsSponsored Article

    3 Top Cryptos in August 2025 Expected to Outperform Markets with Q3’s Highest ROI Potential – Act Fast

    Are market conditions about to shift in favor of high-velocity tokens? Traders…

    By
    Benedikt Krüger
    August 1, 2025
    image 917
    NewsCryptoMarketSponsored Article
    Build Wealth While You Rest: 8 High ROI Tokens in 2025 Offering Elite Rewards
    August 1, 2025
    Bitcoin Now Counts as National Wealth: IMF and UN Just Changed the Rules
    BitcoinCryptoMarketNews
    Bitcoin Now Counts as National Wealth: IMF and UN Just Changed the Rules
    August 1, 2025
    Coinbase Crashes 8% as Q2 Revenue Disappoints: What Went Wrong?
    NewsCoinbaseCrypto
    Coinbase Crashes 8% as Q2 Revenue Disappoints: What Went Wrong?
    August 1, 2025
    image 913
    NewsCryptoMarketSponsored Article
    As Fartcoin Dips and Dogs Rallies, One Project Commands Attention as the New Meme Coin to Watch
    August 1, 2025
  • Cryptocurrency
    image 11
    3 Top Cryptos in August 2025 Expected to Outperform Markets with Q3’s Highest ROI Potential – Act Fast
    6 Min Read
    image 917
    Build Wealth While You Rest: 8 High ROI Tokens in 2025 Offering Elite Rewards
    12 Min Read
    Bitcoin Now Counts as National Wealth: IMF and UN Just Changed the Rules
    Bitcoin Now Counts as National Wealth: IMF and UN Just Changed the Rules
    5 Min Read
    Coinbase Crashes 8% as Q2 Revenue Disappoints: What Went Wrong?
    Coinbase Crashes 8% as Q2 Revenue Disappoints: What Went Wrong?
    7 Min Read
    image 913
    As Fartcoin Dips and Dogs Rallies, One Project Commands Attention as the New Meme Coin to Watch
    6 Min Read
    U.S. Confirms Strategic Bitcoin Reserve with 198K BTC as Price Dips Toward $110K
    U.S. Confirms Strategic Bitcoin Reserve with 198K BTC as Price Dips Toward $110K
    6 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Bitcoin Faces Major Threat: “Head and Shoulders” Pattern Signals Warning
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > Crypto > Bitcoin Faces Major Threat: “Head and Shoulders” Pattern Signals Warning
CryptoMarketNews

Bitcoin Faces Major Threat: “Head and Shoulders” Pattern Signals Warning

the Head and Shoulders pattern in a Bitcoin price chart. The design features a digital Bitcoin
Camila Santos
Last updated: January 8, 2025 10:29 am
By
Camila Santos
Published January 8, 2025
2 Min Read
Share

Bitcoin (BTC) has surged over 50% since November 2024, but recent technical analysis suggests a possible correction. The price chart of Bitcoin, the largest cryptocurrency by market capitalization, is currently displaying a pattern resembling the Head and Shoulders (H&S) formation. This pattern often signals a significant trend reversal from bullish to bearish.

Contents
How the Head and Shoulders Pattern FormedWhat Happens if the Pattern Confirms?Investors Should Stay Cautious

How the Head and Shoulders Pattern Formed

In November, Bitcoin attempted to breach the $100,000 level but failed, creating the first “shoulder.” In December, the price spiked to $108,000 before sharply falling to $92,000, forming the “head.” Recently, Bitcoin’s drop to $97,000 has shaped the second “shoulder.”

Analysts emphasize that Bitcoin is now trading near the support level known as the “neckline.” This horizontal trendline connects the lows of both shoulders, currently positioned around $91,500. If the price falls below this level, it could confirm the H&S pattern.

What Happens if the Pattern Confirms?

If Bitcoin breaks below the neckline, the “measured move” technique predicts a potential drop to $75,000. This method calculates the distance between the head’s peak and the neckline and projects this distance downward from the neckline.

Bitcoin Fiyat Analizi 2048x836 1

Investors Should Stay Cautious

While technical analysis is a widely used tool for forecasting price movements, it’s crucial to note that patterns like the H&S can sometimes be misleading. Bitcoin’s high volatility often leads to significant price swings that may invalidate such patterns.

The cryptocurrency’s price remains influenced by macroeconomic factors and overall market sentiment. Investors are advised to combine technical analysis with fundamental data for well-informed decisions. Recent price activity indicates that Bitcoin is teetering at key support levels, making the market highly sensitive to any significant shifts.

Stay updated with Dey There for the latest insights into Bitcoin and cryptocurrency trends.

Advertising

For advertising inquiries, please email . [email protected] or Telegram

Czech Central Bank to Hold Bitcoin Reserves: Is this a Smart Move?

Binance Announces Hamster Kombat on Launchpool: Here Are the Details

Arctic Pablo Meme Fest 2025 Heats Up! Join the Hottest Crypto Event While Pudgy Penguins & Official Melania Meme Skyrocket!

MicroStrategy Announces Plan to Purchase $700 Million in Bitcoin Through Convertible Senior Note Sale

This Asian Country Eyes Crypto Boom with Legalization Plan

TAGGED:Bitcoin analysisBTC support levelcryptocurrency volatilityhead and shoulders patternmeasured move

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByCamila Santos
Camila Santos is a blockchain and cryptocurrency specialist with 9 years of experience in the field. Starting her career in the financial sector, Camila quickly became interested in the potential of blockchain to revolutionize finance. She has since been involved in several high-profile blockchain projects, including the development of decentralized platforms and financial products. Her expertise spans across blockchain governance, smart contracts, and the broader implications of blockchain for the global financial system. At DT NEWS, Camila provides readers with expert analysis and commentary on the latest developments in the blockchain and cryptocurrency industries, ensuring they stay informed about key trends.
Previous Article Ripple's Survey Unveils Blockchain Boom in Middle East and Africa Ripple’s Survey Unveils Blockchain Boom in Middle East and Africa
Next Article Are We Ready for AI Agents in Crypto? The Transformation Has Begun Are We Ready for AI Agents in Crypto? The Transformation Has Begun
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
  • Sitemap
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English
  • Português (Portuguese)