BTCUSD -> Here is what you need to know about BITCOIN
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The Head and Shoulders may definitely be a fake one and 63k - 42k USD is a new range developing. There is a huge Fibonacci support near 41k USD. RSI is oversold daily. This support is a key support as 31k USD was as well. If price action remains above it, the reversal is probable.
The pink resistance can be retested again in the future and now BITCOIN is far from it.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.