Potential Drop On BTC Back To 35,000/BTC.
Strong bearish structure formed (C-D). Price expecting to recover back to 50K, and drop back to 35K maximum.
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Note
Potential head and shoulders pattern on 4H timeframe where price will revisit 50k price and become right shoulder.
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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.