Bitcoin Technical Analysis: Inverse Head and Shoulders Pattern Suggests Bullish Reversal

On Wednesday, through the 1-hour chart, bitcoin is forming a possible inverse head and shoulders sample across the $61,500 degree. If confirmed by a breakout above $62,000, this might sign a bullish reversal. Moreover, the 4-hour chart reveals a descending channel from $65,144 to $58,456, the place a breakout above the channel’s higher boundary close to $62,000 […]



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