Bitcoin / TetherUS

Possible H&S pattern on BTC

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BTC is forming a head and shoulders pattern on shorter timeframes (2h,4h). The right shoulder is still forming or it may have already formed. This pattern will be invalidated if the price rises above the head before it breaks the neckline. I am personally expecting a pullback just because of how much liquidity there is below the double bottom we formed around 20,800. That region has to be hit sooner or later imo.

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