As we can see the inverse head and shoulders pattern has formed that will lead us to 60k again. Besides that, we can see the target is exact at the 0.618 fib extension so will be a nice place for the sell-off. Keep in mind that whales can start selling it earlier since whale alert showed sending a big amount of BTC to the exchanges today.
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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.