Bitcoin Long Opportunity
I’m spotting a reverse head and shoulders pattern on the daily chart backed by the positive RSI divergence. The key level I’m watching is $64,000 for a breakout.
A consolidation above or at this level could lead to a push towards the previous ATH and possibly higher.
Additionally, keep an eye on September 18th, Federal Reserve’s interest rate decision could significantly influence market. A breakout around this date may provide the momentum needed for a strong move up.
A consolidation above or at this level could lead to a push towards the previous ATH and possibly higher.
Additionally, keep an eye on September 18th, Federal Reserve’s interest rate decision could significantly influence market. A breakout around this date may provide the momentum needed for a strong move up.
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