The BTC/USD chart shows an interesting development with a recent breakout from an inverse head and shoulders pattern. With the price currently near
48K
, there's a possibility of it reaching the next potential resistance level at $50k. However, remember that the cryptocurrency market is volatile and reaching this target is not guaranteed. This is not financial advice, and other factors are crucial before investing. What are your thoughts on this potential move and the broader market sentiment?
48K
, there's a possibility of it reaching the next potential resistance level at $50k. However, remember that the cryptocurrency market is volatile and reaching this target is not guaranteed. This is not financial advice, and other factors are crucial before investing. What are your thoughts on this potential move and the broader market sentiment?
Trade active
Comment:
Everyone was expecting a double top.
Trade closed: target reached
USDT: 0xd3787d843Cf915E5475119459B34b6429827c297