Market Update $BTC : by Silverbulls
Bitcoin is now trading around $116,000. Bitcoin already broke an inverse head and shoulders pattern and gave a weekly close. The head and shoulders pattern is a bullish pattern, so if the price pumps according to the pattern, we may see a good pump in Bitcoin.
Otherwise, if it dumps and breaks below the neckline, then the breakout will be considered a fake-out. Keep an eye on it.
