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WHY THIS HISTORICAL PATTERN REPEATING ON BITCOIN IS SO IMPORTANT!



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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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