Bitcoin could be forming a head and shoulders pattern which could lead to a sizeable drop in the short term.
On the shorter time frame we are at the bottom of a wedge, a break below would indicate a large downward move.
$32k could be a good buying area for long-term hold investments.
A break up higher than the left shoulder could invalidate this pattern.
Not trading advice just something to look out for.
On the shorter time frame we are at the bottom of a wedge, a break below would indicate a large downward move.
$32k could be a good buying area for long-term hold investments.
A break up higher than the left shoulder could invalidate this pattern.
Not trading advice just something to look out for.