Bitcoin has made a full recovery from its recent decrease, we are now seeing a potential and shoulders pattern form which gives us an indication of where the price could be heading next. if we break the resistance line we could once again be heading for all-time highs, however, this is a fairly risky time to invest since the price is high.
As always trade the lines of accordingly.
As always trade the lines of accordingly.
Note
Bitcoin facing the resistance still seems quite strong. If not we will be heading back to the support in the upcoming days.Note
Resistance was broken.
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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.