Hi guys.
As you can see Bitcoin did break the resistance line (green line), and now it is possible to gain more grounds, but there is a problem...
As it is seen in the chart the BTC is making Head and Shoulders pattern, one shoulder (A) and the head (B) is already made, if it happens as usual then another shoulder is yet to be made (C), in this case bitcoin can go as high as $57,000, after that we will see a down trend that should battle with two important resistance levels, $30,000 and $20,000.
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(("Also check out and follow my Twitter page for receiving Daily News about crypto."))
DISCLAIMER: This is not a financial advice, trade based on your decision.
As you can see Bitcoin did break the resistance line (green line), and now it is possible to gain more grounds, but there is a problem...
As it is seen in the chart the BTC is making Head and Shoulders pattern, one shoulder (A) and the head (B) is already made, if it happens as usual then another shoulder is yet to be made (C), in this case bitcoin can go as high as $57,000, after that we will see a down trend that should battle with two important resistance levels, $30,000 and $20,000.
(("Dont forget to Like, Comment and Subscribe if you enjoyed"))
(("Also check out and follow my Twitter page for receiving Daily News about crypto."))
DISCLAIMER: This is not a financial advice, trade based on your decision.
