Inverse Head and Shoulder pattern in play

in #bitcoin3 years ago

Bitcoin has a powerful technical pattern on its side

The Inverse Head and Shoulder pattern is a powerful reversal pattern that has a high probability of success.

We are seeing that exact setup on bitcoin right now.

Check it out:

image.png

(Source: https://twitter.com/rovercrc/status/1727773511287246972/photo/1)

Based on that chart, the measured move would take the price north of $60k.

Depending on what numbers you use, we should be expecting a move to at least $65k or so.

Most likely it takes us to new all time highs.

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