Bitcoin

#BITCOIN H&S TARGETS 74000 AREA BREAKOUT

161
If the risk rally wanes across the board and #bitcoin price triggers the head & shoulders setup, price target is around same area as the previous All Time High around 74000. The FOMO is string in crypto so it is not very likely that the price will have such a deep pullback with Trump taking office soon but breakouts often get retest before price continuation in the direction of the trend, thus it is a possibility.

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.