Looks like everyone might be freaking out thinking BTC's heading for $50k, but not so fast...
✅We've got a perfect price flip from $63,500, forming a "Bullish Hammer" on the daily chart. 🔼
The key for the uptrend to keep rolling is for the price to stay above the $67,000-$68,000 zone (local resistance).
🔜But if we see a drop from the current levels, we could end up with a reversal pattern – "Head and Shoulders" – and that could get nasty.
So let’s keep a close eye on how #BTC is behaving.