Bitcoin / TetherUS
Long

BTC - Neutral bullish

*This is not financial advice. It is crucial to conduct your own research and due diligence before making any investment decisions.*

BTC is currently rejecting the 61K range, but it has successfully broken out of a major trendline and an inverted head and shoulders pattern. The 50-day exponential moving average (EMA) is positioned below, which could act as a support level. This support may provide an opportunity for BTC to retest the head and shoulders pattern before potentially continuing its bullish run.

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