Fact:  69K to $42.9K is bearish

Personal view:

Bitcoin price has been climbing up ever since $32900 and recently it broke the $40000 resistance.  It is currently at approx.

$42900 at the time of writing.  We had a few price supports previously which turned into resistance.   Since Bitcoin price

already surpassed $45000 once on March 2nd.  I personally believe bitcoin will be heading towards $48k next- enjoy the gain. However, there is one

thing that can't be ignored!   As shown on a 4-month chart, it is clear we are inside a head & shoulder meaning once the final upside target is reached. 

The bears are going to take control.  If you have been following my post, I mentioned the previous drop ($32900) was still waiting to be confirmed. 

Besides, there is a hidden price target under $29,000 as well as the 2018 ATH retest.  I believe once the upside targets are met, bitcoin price will drop

over 20k!   As always, take profit when it is time, set stop loss in case of a sudden drop.  

Upside targets to watch :  48k - 51.5k

The next stop after the bull trap is set:  Under $29k

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