Bitcoin appears to be forming an inverted head and shoulders (H&S).
My prediction is Bitcoin will test a long-term support range of $33,405 to $34,725 during the week of Feb 28. Bitcoin last tested this range in early winter and mid-summer of 2021.
What happens after bitcoin tests that range? It'll either go up or down. Though my bias when it comes to Bitcoin is eventually it's going to zero.
Don't shoot the messenger! Manage your risk instead.
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it's headed toward $34,725 for that right shoulder... keep an eye on this one.
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bounced off the 34725 and is forming a right shoulder