The Bitcoin
BTC
is currently forming a bullish flag and has formed an inverted Head & Shoulders pattern in the last few days. Now, I'd like to see how the price breaks through and re-tests the upper channel.
Then, I would consider adding more to my current position.
Then, I would consider adding more to my current position.
Comment:
As mentioned 3 days ago, the
BTC
daily chart formed an inverted H&S pattern. Now, the neckline has been broken to the upside. The chart may now retest the upper channel before continuing its upward move.