OMG!!! BTC accumulating????
It was predicted in my analysis that either a head and shoulders pattern or a break of its trend line will occur. I am currently hoping that we will see a good breakout, as my initial analysis was correct. Given the current state of Bitcoin, it is only natural that it is attempting to break, but a common resistance level of 16.972k is accumulating. In this circumstance, our initial support will be 16.8K, and our estimated important support will be 16.6K later.
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