📉 $BTC Correction Ahead? Head & Shoulders Pattern Signals a Drop


#Bitcoin may be heading for another correction, with a Lower Time Frame (LTF) Head and Shoulders pattern signaling a potential drop to $83,600 – $84,800.


🔻 Key Bearish Signals:

Head & Shoulders Pattern suggests a possible trend reversal.

Symmetrical triangle formation shows consolidation before a potential breakdown.

Projected drop to mid-$80K, with a bounce toward $90K before another move lower.


📊 Short-Term Outlook:

#BTC is currently trading at $86K, but a break below support could trigger further downside. However, a bounce from $83K–$80K may present a strong accumulation opportunity.


🚀 Will Bitcoin rebound after this dip, or is a deeper correction ahead?


#BTC Price Analysis#

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March 09, 2025 at 2:17 AM
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