A potential inverse head-and-shoulders pattern suggests Bitcoin could retest $91,000 before any meaningful bullish breakout resumes. Key takeaways: Bitcoin dropped over 4.5% on May 19, confirming a bearish divergence and threatening a break below $100,000. Analysts highlight $97,000$98,500 as key support that the bulls must hold. Read moreThe post Bitcoin bulls should 'be careful with longs' as BTC price risks $100K breakdown first appeared on CurrencyCrypt.

Bitcoin bulls should 'be careful with longs' as BTC price risks $100K breakdown

A potential inverse head-and-shoulders pattern suggests Bitcoin could retest $91,000 before any meaningful bullish breakout resumes.

Key takeaways:

Bitcoin dropped over 4.5% on May 19, confirming a bearish divergence and threatening a break below $100,000.

Analysts highlight $97,000$98,500 as key support that the bulls must hold.

Read more

The post Bitcoin bulls should 'be careful with longs' as BTC price risks $100K breakdown first appeared on CurrencyCrypt.