You can't see it at first glance but bitcoin's chart has drawn a head and shoulders pattern. The right shoulder is quite small hence not very visible. The pattern itself indicates its target at around $47,600.
This is not investment advice.
This is not investment advice.
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Disclaimer
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.