Price is testing neckline of head and shoulder. Market is divided and not one sided as fear of 77K is still in market. But price at neckline few taking bullish view. Buy only if price move above neckline zone and in my view right now price could be trapping the late bulls. Sell once break out fails as price move drift down from neckline zone. US policy on Stablecoin making all crypto bearish and Bitcoin on top of strategic reserve news price could test lower level again as no one know how much is being bought on daily basis right now by US Govt.
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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.