Bitcoins current downtrend looks to be putting buckling pressure on the current support of $4200 -4400 , Causing an inverted H&S which will push BTC down further to the Res/Sup of $3000 allowing it to then recover and re-test firstly the $4200 Res/Sup and then rally up to $5800.
Just one option of many.
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Just one option of many.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.