BitcoinLong
Inverse Head & Shoulder pattern could bring BTC to 70k
Bitcoin has continued to make higher lows and higher highs suggesting that the bull market trend is still in play... After the lastest high we had a correction but it now appears that btc is completing an Inverse Head & Shoulder pattern marking the bottom and possible end to the sideways consolidation period. If we breakout above 59k again at the neckline the target for this structure is around 70k.
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.