✅Today, I want to analyze BTC for you in a Weekly time frame so that we can have a Short-term view of BTC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
BTC has formed an inverse head and shoulders pattern. If price followed this pattern and will soon reach to $73500 . The expected movement is measured as the price movement (AB=CD).
✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. 🟢 Head & Shoulder
➡️ Note if the PRZ is broken downwards with the strength of Bearish candles or , this analysis of ours will be failed.
Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!