Looking at Bitcoin's 4 hour chart, we can see a potential head and shoulder pattern forming. The MACD is also indicating a potential reversal here soon. Keep this in mind and take the necessary precautions if this pattern completes. If it does, we could be headed back to $6k territory.
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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.