The price accurately followed our previous analysis and consolidated above the triangle which has finished a descending trend. There was formed reversed H&S pattern which is very bullish. The resistance of Fib 0.618 was broken and the price heads to the major resistance of Fib 0.5 which is near $12600. In case of soon break through it impulse growth will start and BTC will reach $15000 within a week. Hold your BTC
Note
H&S was broken check out new analysis
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.