Bitcoin (BTC) Head and Shoulders Pattern Completed--Preparing for $8000steemCreated with Sketch.

in bitcoin •  6 years ago 

Some thoughts on BTC:

BTC looks to be preparing for a move to $8000. Price has broken out of the trading zone, and is currently attempting to test support at the former resistance. MACD confirms that the market is preparing for a small retracement back to $7600 before prices progress higher.

BTC1June3.png

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