Thursday, August 7, 2025

Bearish Head and Shoulder Pattern = Bullish

Bearish Head and Shoulder Pattern = Bullish

As you can see, a bearish Head and Shoulders pattern is forming on the BTC dominance chart, specifically on the 4-hour timeframe. The neckline has already broken down, which indicates potential downside movement in dominance. This could lead to a strong pump in altcoins in the coming days. So, if you're thinking about selling right now, it’s better to hold and wait. You may start seeing results within the next two to three weeks. Keep an eye on this setup and watch how it plays out



source https://www.tradingview.com/chart/BTC.D/91W5vW0J-Bearish-Head-and-Shoulder-Pattern-Bullish/

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