BTCUSD ⚡ Price IS Moving DOWN (head and shoulders pattern)
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Bitcoin's recent breakout from the 13000 range and we are approaching the end of that pattern. If we break down, look for bitcoin to go down to the 13500 level where it has support at previous resistance levels.
If we are able to break out we will see highs of around 17000 or more.
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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.