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Mar 22, 2024 1:32 AM

Is Bitcoin ready for the next leg up? 

Bitcoin / TetherUSBinance

Description

Bitcoin is fighting the short term trend.

its lost the 7 day moving average over the last few sessions. Bulls retraced and tried getting above.

The have not been successful at confirming above the key trend.

A 4 hour Head & Shoulders pattern has triggered but on watch for a potential bullish reversal.
Comments
TraderAmin-KZ
great work 👏
MyCryptoParadise_Simon
bulls' attempt to reclaim their position above the moving average but failing to secure a foothold is a crucial battlefront in Bitcoin's current narrative.
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