Possible H&S pattern formation
BTC could be forming a possible H&S pattern here. Chances are pretty good considering the weekly TF looks a bit weak. Another scenario is that BTC may range over to the trendline and bounce off it to continue the next level of the bull run.
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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.