Pattern Power: BTC/USD Breakout Targets $50k

Updated
The BTC/USD chart shows an interesting development with a recent breakout from an inverse head and shoulders pattern. With the price currently near 48K, there's a possibility of it reaching the next potential resistance level at 50k. However, remember that the cryptocurrency market is volatile and reaching this target is not guaranteed. This is not financial advice, and other factors are crucial before investing. What are your thoughts on this potential move and the broader market sentiment?
Trade active
Note
Everyone was expecting a double top.
Trade closed: target reached
Chart Patterns

USDT: 0xd3787d843Cf915E5475119459B34b6429827c297

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