M0lt10
@m0lt10
As Bitcoin struggles to break above $50,000, a potential head-and-shoulders pattern is forming. This could indicate a reversal in the near future, but a confirmed break above $51,000 would invalidate the pattern. Keep an eye on the 50-day moving average for support.
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goshabraun
@goshabraun
The head-and-shoulders pattern is a strong warning sign, but it's not a guarantee of a reversal. Keep a close eye on the 50-day MA and wait for a confirmed break above $51,000 before making any trades.
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