Bitcoin - Update Bitcoin Chart May 23, 2018
If H & S breaks the neckline at 78xx $, then the H & S pattern for the target is 68xx $.
Bitcoin closed the day at $ 7949. Under KJ's ichi and fib 50, so we lost important support, confirming the downtrend.
As in previous articles, I still expect $ 72xx - $ 73xx to be a good support for Bitcoin this time.
The possibility of Bitcoin perforating this area, albeit lowly, is not unlikely. But buy here is still more secure than the $ 8000 price range.
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