$BTC appears to be forming an Ascending Inverse Head and Shoulders. 🚨 Note: the development of the Right Shoulder is still ongoing. The low could come down near $73k, around the upper orange line. ✍️ An Ascending Inverse Head and Shoulders is a variation of the classic Inverse Head and Shoulders pattern in technical analysis. It is a bullish reversal signal that typically appears at the end of a downtrend and suggests the market may shift from bearish to bullish.
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