BTC Update

Here's a quick update on BTC 4hr chart. As we can see, we might be forming a bigger head and shoulders IF we break the golden trend line. The price is close to 200 MA - It has worked as a good support in this bull run. RSI Almost in the oversold territory so we might see a bounce soon.
54k is a crucial level to hold - if it breaks then a bigger head & shoulders might be in play which has a downward target of 41k!

We might as well be forming an inverse head and shoulders as shown in the previous idea about BTC - Go check it out.

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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!

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We might as well be forming an inverse head and shoulders

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