RATE Group | Bitcoin Price: Shark Harmonic Pattern May Provide Final Buy Opportunity at Lows
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Bitcoin Price: Shark Harmonic Pattern May Provide Final Buy Opportunity at Lows

19 May Bitcoin Price: Shark Harmonic Pattern May Provide Final Buy Opportunity at Lows

Posted at 06:47h in Bitcoin News by

Bitcoin price has made several attempts to break above $10,000 and revisit highs from last June. The crypto asset certainly has the momentum, however, if the rally stops and reverses at roughly $11,350, a bearish shark harmonic pattern will complete.

The bearish harmonic pattern could send Bitcoin price tumbling back to retest former lows before the asset takes off on a new bull run.

Great White Shark Harmonic Pattern Could Take Bitcoin Price Back to Lows

The leading cryptocurrency by market cap just had its halving, and the world is watching to see what happens next.

The stage is set for Bitcoin’s next bull run. Retail interest has returned following the Black Thursday collapse, and institutions are looking toward BTC as a hedge against inflation.

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