Bitcoin is forming a potential H&S pattern
- On the recent drop 21 EMA hold as support on the weekly, which keeps the overall bull run intact
- Price will be most likely rejected at 11,600-11,800 area going into US elections also forming H&S patter
- Due to that I expect price to range between 10k and 12k before taking of in Q1 2021
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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.