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What Happens in Bitcoin after Head & Shoulders Bitcoin Chart Pattern?

A Head & Shoulders chart pattern is a bearish bitcoin trend reversal cryptocurrency signal which signals the current upward market trend is about to reverse once the Head & Shoulders bitcoin pattern is confirmed.

The Head & Shoulders chart pattern is a pattern with three consecutive peaks where the second peak is slightly higher than the first and third peak which signals the upward bitcoin trend is losing momentum & if the bitcoin price of the bitcoin instrument falls below the support level which is the two lows between the three peaks then the Head & Shoulders cryptocurrency pattern is considered confirmed & the bitcoin price of the bitcoin instrument changes to a bearish trend.

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