Bitcoin three descending peaks pattern is formed
Bitcoin/usdt pair is forming three descending pattern, the neckline of the last peak as resistance is coming in around 59000 to 58300, if the btc successfully breaks the resistance the the technical price target will be 63000. btc need to stay in the range of 56000 to 57000 to validate this pattern.
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.