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BTC/USD (Bitcoin) - Daily - Bearish Pullback to Test The Uptrend
Bitcoin
BTC/USD (Bitcoin) - Daily - Bearish Pullback to Test The Uptrend
By NoFomoCharts
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May 12, 2023
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May 12, 2023
Bitcoin (BTC/USD) has formed a head & shoulders resistance price pattern under $31,000 in May 2023.
Support Price Target(s) below are: $25000, $24000, $22000, $20000.
Bitcoin needs to establish and hold a price support level above $20,000 to maintain an Uptrend in 2023.
note: the longer-term price trend for Bitcoin could take months to establish and develop.
Ascending Channel
bitcoinprice
btcudst
btc_usd
BTCUSD
BTCUSDC
btc_usdt
cryptomarket
Head and Shoulders
Support and Resistance
Trend Lines
uptrend
NoFomoCharts
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