Can BTC hold the current $47,900 support? Will it break the downtrend line? If so, will it print the right shoulder of a H&S?
I think we will break the downtrend line, but it’ll be short lived and in a kind of way, a bull trap, just to print the right shoulder to take us down to the $42,000 range where we will bounce around a bit before skyrocketing to BTC’s next ATH.
I think we will break the downtrend line, but it’ll be short lived and in a kind of way, a bull trap, just to print the right shoulder to take us down to the $42,000 range where we will bounce around a bit before skyrocketing to BTC’s next ATH.
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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.