Bitcoin has reached a new all-time high of 108.5K, and it appears the price may have peaked. This assumption is based on BTC showing the completion of a large Head & Shoulders pattern, a powerful reversal pattern that can change the trend direction once confirmed.
So far, BTC remains bullish, but this trend may not last for long.
What's Next?
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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.