Will Bitcoin Head and Shoulders Play Out in Dump to $8,300?

Bitcoin prices have slowly inched back today but they are currently holding at support as another day’s trading gets under way. A head and shoulders pattern could be bad news for short term direction. Crypto markets have had another day of declines with total capitalization shrinking by almost 3% as $8 billion leaves the space. They are now approaching critical levels and a bigger selloff could occur if there are no moves back to resistance. […]