Bitcoin Technical Analysis: Inverse H&S and That $100k Barrier Looks like Bitcoin has formed another Inverse Head & Shoulders (H&S)! It’s not the prettiest one we’ve seen, but it’s there, and BTC is currently testing a key support level. If it bounces off this support, we’re looking at a potential target of $103,000. That said, the big question isn’t just about...
In the short term, I anticipate a correction in this bull market to maintain healthy market dynamics. It’s likely that bulls will take profits around the 95K zone and look to reenter at the 75K-80K range. A 20% correction in Bitcoin during a bull run is not unusual and has occurred historically. Given the Reverse Head and Shoulders (H&S) pattern currently in play,...
If HBAR can find solid support at .12 and break past the .14 cent liquidation barrier we have relatively clear skies to 0.35 it takes baby steps but more importantly, the bulls to outbeat the sellers and clear some liquidity past .14