Is XRP Golden Cross Incoming? Bitcoin to Paint Head and Shoulders Pattern, Solana Path to $200: What's Next?Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies.
Is XRP Golden Cross Incoming? Bitcoin to Paint Head and Shoulders Pattern, Solana Path to $200: What's Next?'Bitcoin Fixes Nothing': 'Rich Dad Poor Dad' Author Kiyosaki Challenged by Peter Schiff A well-known chart pattern that denotes a change in trend from bullish to bearish is the head and shoulders pattern. The left shoulder, the head and the right shoulder make up its three peaks. The way that Bitcoin has been trading lately points to the possibility that it is starting to form this pattern with the current peak, which is at $66,000, possibly serving as the head. There may be more bearish momentum indicated if the 50 EMA crosses below the 100 EMA.