You can see in from Augs, we are seeing a similar pattern in 4h time frame as we saw from Dec 2020 to Aug 2022. Head and shoulders formation in the last two peaks and we are in the process of forming a triple bottom. The BTCGBP triple bottom is more obvious as the long wick in the recent big drop is similar to the most recent bottom.
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correction: from Dec 2020 to Aug 2021.
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Next resistance 52500, if can break, it will continue to next target 62500