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tkworldwide
Community MemberSteve posted an update 3 months ago
The Head and Shoulders pattern in technical analysis is a well-known reversal pattern that can indicate a potential change in the trend direction. In the context of Bitcoin, this pattern consists of three peaks: a higher peak (the head) between two lower peaks (the shoulders). Here’s what the appearance of a Head and Shoulders pattern on…
nickpitts, OP_Terrance and 2 others1 CommentGood insight Steve. Thanks.
Steve posted an update 3 months ago
Steve posted an update 3 months ago
Bitcoin Faces Turbulence: What’s Next?
Bitcoin has been on a downward trend, falling over 5.7% in the past week. Today, it dropped below $57,000 as minor transactions from wallets linked to the defunct crypto exchange Mt. Gox triggered investor concerns. Additionally, persistent selling by the German government, which moved another $75 million…
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