BTC 81.50K IS THE VITAL LEVEL FOR NOW

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BTC 81.50K IS THE VITAL LEVEL FOR NOWBitcoin / US DollarCOINBASE:BTCUSDSive-MortenMorning folks, So, market has turned down from 83.5-84K resistance level that we discussed last time. But now we could easily recognize potential reverse H&S shape. Taking in consideration the difference in shape between ETH and BTC - they could form two different bearish reversal patterns. H&S on ETH and 3-Drive on BTC. That's why right now 81.5K level- the right arm bottom becomes most important signal level for the next direction. If BTC will hold it and H&S starts working - we could get upside action to 91.5K. Otherwise - market will challenge 79.5K support for possible downside breakout. Depending on your view - make decisions around this level. If you want to buy - better to get clear bullish reversal patterns around it on lower time frames. Because downside action now stands fast which I do not like too much for the bulls. While bears just need to see the breakout of this level.