BITCOIN’S HEAD-AND-SHOULDERS PATTERN THREATENS $79K DROP

Bitcoin’s been on a rollercoaster since hitting $108K on Dec. 17, and it’s currently hanging around $92K—just above the neckline of a potential head-and-shoulders pattern.

Some say if we don’t hold $94K, expect a drop to $79K. Shorts are piling up, and every bounce is met with selling.

So, if BTC fails to break $94K, the next stop could be a serious dip.

Can the bulls reclaim the high ground before it’s too late?

Source: CoinGape$BTC