BTCUSD: Head & Shoulders Forming — Breakdown Targets 50% / 61.8%🪄💥🔥

BTCUSD is shaping a Head & Shoulders under the 90,444 resistance (left shoulder → head → right shoulder). Price is rolling over and pressing the neckline zone near the 38.2% Fib ~88,723.

Trigger: clean break + acceptance below ~88,723 (38.2%)

Targets: 50% ~88,199, then 61.8% ~87,677 (deeper flush could tag 78.6% ~86,939 / 86,009).

Invalidation: reclaim and hold above the right-shoulder / 90,444 area cancels the bearish thesis.

RSI also fading supports the idea of a short-term pullback.

Not financial advice.

$BTC

BTCUSDT

Löpande

65,966.9

-2.96%