$BTC not that original
Bitcoin prints a very similar pattern compared to the previous major tests of the weekly SMA 200:
1. ATH
2. Bear Market
3. Bottom Structure including a Head and Shoulders Bottom with the "Head" testing the 200 WEEK SMA (blue zone)
4. Breakout above neckline (red horizontal)
5. Retest neckline (couple of months)
6. Parabolic continuation (red)
1. ATH
2. Bear Market
3. Bottom Structure including a Head and Shoulders Bottom with the "Head" testing the 200 WEEK SMA (blue zone)
4. Breakout above neckline (red horizontal)
5. Retest neckline (couple of months)
6. Parabolic continuation (red)
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