Bitcoin could potentially be forming a Head & Shoulder pattern which if this plays out can be short term bearish for bitcoin. We can see levels like 25k possibly for the last time which would be really good buying/longing opportunities, before continuing the bull market and seeing crazy price levels. Right now we are in critical levels and can see bitcoin go either way. Best thing to do is stand back and watch the charts until a real pattern plays out to get the safer entry!
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