Bitcoin has broken out of an inverse head-and-shoulders pattern with significant volume but is currently facing rejection just below the $100K level.
A potential retest of the breakout could coincide with filling the CME gap, while a successful break above $100K is likely to ignite another bullish rally.
The Ichimoku Cloud is acting as a strong support zone, reflecting sustained bullish momentum. Close monitoring of price action is crucial to confirm the next directional move.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.Ā See T&Cs.
2
0
Explore the latest crypto news
ā”ļø Be a part of the latests discussions in crypto