WHY THIS HISTORICAL PATTERN REPEATING ON BITCOIN IS SO IMPORTANT!



Published
Bitcoin has slowly but surely been been pushing up higher over the past few days, and it’s started to form an inverse head & shoulders pattern on medium time-frames. The market still lacks volume, but as traders and investors this is something we should watch for confirmation of a real breakout. The $46 000 area is met with a lot of resistance and will be a real battle for bulls to overcome. Should we confirm a breakout above this level it will be all systems go and sidelined money should begin re-entering at a rapid rate. Join Live to find out what indicators you should be paying attention to and how to manage your risk in this important area.

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Category
Cryptocurrencies
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