Inverted J patterns lead to lower lows. OVerhead resistance on the weekly is the 50dma and pivot. BTC will have to put in a weekly bull flag to negate the setup.
On a contrary note, BTC is close to a golden cross on the daily timeframe, but it would have to maintain this cross for at least 6 weeks to confirm trend.
Good luck!
On a contrary note, BTC is close to a golden cross on the daily timeframe, but it would have to maintain this cross for at least 6 weeks to confirm trend.
Good luck!
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