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mrdawowski
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Head & Shoulders Pattern on Bitcoin Hourly
BTCUSD
, 60Short
BTCUSD: Head & Shoulders Pattern on Bitcoin Hourly
Updated 

There is currently a head and shoulders pattern on the Bitcoin hourly chart. This could possibly indicate a move to the downside soon, breaking the wedge that Bitcoin is currently in. Support would be around $31,500. Support on the Daily

Bitcoin Runs into Strong Resistance on the Weekly.
BTCUSD
, 1WShort
BTCUSD: Bitcoin Runs into Strong Resistance on the Weekly.

Recently, INDEX:BTCUSD has been having a bit of a bull run. This is probably because most people were and are still expecting a Spot ETF to be approved. That is, according to mainstream sources. I'm not sure whether the bull run has finished yet, however, we do have some chart statistics that show Bitcoin will probably have a pullback. Firstly, the RSI is...

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