Bitcoin is going to fall to $9,800, according to a pseudonymous analyst.

The prominent daytrader cited the formation of a Head and Shoulder pattern behind his bearish analogy. In retrospect, H&S is a technical pattern described by three peaks. The outside tips are higher in levels while the middle one is the highest. Meanwhile, they receive support from a so-called baseline. It is a bullish-to-bearish indicator.

https://bitcoinist.com/bitcoin-analyst-who-accurately-foresaw-feb-crash-says-9-8k-is-next/