Bitcoin/TetherLong
$BTC: Bullish signals brewing?
An inverse head & shoulders pattern emerges, hinting at a potential price surge! This could send Bitcoin towards 70k-72k.
The chart suggests an inverse head and shoulders pattern, a bullish continuation pattern.
The price seems to be completing the retest of the neckline, a crucial step for validating the breakout. If the retest holds and the price breaks above the neckline, a potential price surge could follow.
Based on the inverse head and shoulders pattern, a measured move suggests a target zone around $70,000-$72,000.
The chart suggests an inverse head and shoulders pattern, a bullish continuation pattern.
The price seems to be completing the retest of the neckline, a crucial step for validating the breakout. If the retest holds and the price breaks above the neckline, a potential price surge could follow.
Based on the inverse head and shoulders pattern, a measured move suggests a target zone around $70,000-$72,000.
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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.