Head and Shoulder Bitcoin chart. Should we be concerned??????

in bitcoin •  7 years ago 

Screenshot_20170814-043716.png

Hi I just thought I'd share this image of the chart thanks to coinmarketcap. I'm kind of concerned about how Bitcoin is rising so quickly and it kind of looks like there's a little bit of a shoulder and head forming. I've heard from other Traders I'm not really a traitor myself but I've heard from other traders that this happens and Bitcoin Rises sort of like we're in a bubble Maybe.

Should we be concerned about this???

If there's anybody that's more knowledgeable about chart reading feel free to comment below.

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