On Wednesday, via the 1-hour chart, bitcoin is forming a potential inverse head and shoulders pattern around the $61,500 level. If confirmed by a breakout above $62,000, this could signal a bullish reversal. Additionally, the 4-hour chart reveals a descending channel from $65,144 to $58,456, where a breakout above the channel’s upper boundary near $62,000 […]
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A New Bull Run? Bitcoin Investors Have Stopped Selling, And Demand Is Rising
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin flows into exchanges have dropped to...
