Bitcoin Quick Price Analysis (21-03-2021)

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Hello everyone, so as you can see we're diving into the four hour chart. Bitcoin is down 4,84% in the last 24 hours. As we can see bitcoin failed to make new high, but overall we are still really bullish. The price might go down more (53000-54000). I can see potentially forming head and shoulder pattern. If we bounce from 54000$ level then we could potentially see new high pretty soon, but if we don't then price might test 50000 - 53000 before going higher.

 

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