Looking at the 1 hour chart, we see that Bitcoin is about to complete inverse head and shoulders pattern. If Bitcoin manages to breakout from this, my target is $8831. I expect Bitcoin to find support at black trendline before the next rally (if there is one...).
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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.