Bitcoin / Cryptocurrencies - One Shoulder Still Missing
It looks like a head-and-shoulders formation, which would mean briefly dipping below the $60,000 mark followed by a quick recovery. Then, the formation is ready for a breakout. If this scenario holds, I will screen cryptocurrencies showing the most relative strength compared to Bitcoin, as announced. This is where I will invest my liquidity. If no rebound occurs and weekly candles form below $60,000, Bitcoin will test its uptrend below $50,00
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