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Head And Shoulders Pattern Says Bitcoin Price Is Headed Down Toward $95,000

  • A Head and Shoulders technical pattern has formed on the Bitcoin price chart, indicating a potential crash towards $95,000.
  • Analyst Crypto Patel warns of a looming Bitcoin price crash, attributed to the bearish reversal formation.
  • The crucial level to watch is the neckline of the pattern at $103,000, with a possible breakdown leading to a 9.87% price drop to $95,000.
  • Despite bearish projections, there is a support zone near $95,000 that could offer a strong buy-the-dip opportunity for long-term investors.

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