Hello dear friends,
If Bitcoin can break through the neckline of the Head shoulder formation upwards we have a bullish signal. With a breakout from the wedge the old top 68k comes back into view as a target.
If Bitcoin bounces off the neckline or the bottom of the wedge, we see the bottom line 40k as the target. This is the target of the main shoulder formation.
If the wedge breakout to the upside BTC can go to the old top with lightspeed.
Because of lack of time I will not be so active anymore but I hope you have learned something from my postings in the past!
Good luck and profit from your trading!
Disclaimer This is my view, no advice to buy or sell. Also always do your own research!
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