Bitcoin Updates 🌟
ON 30 Min Frame :-
An inverted head and shoulders pattern appears, which is a reversal pattern that indicates the possibility of an increase in the price.
Update:
• Possible break point : Breaking the resistance area at 89500 may be a signal to confirm the pattern.
Model target 94500 Support level:
If the breakout fails, the price may return to test support between 86,000 and 85,000.
Note : Monitoring the trading volume at the breakout is important, as increasing volume supports the validity of the model and increases the possibility of an upside.
As we see, Bitcoin adhered to the shown trend, and when it touched it, it quickly rebounded to the top ✅
But it is possible to try to break it again, and if he succeeds in breaking it, he will have levels ahead of him 84500 - 82800
🚫🚫 Please be careful of Future today, especially as we await the release of US inflation data, and it will have a major impact on the movement.