It didn’t take long for Bitcoin to pump hard after recent stable coins depegs! Can bitcoin Pump to $30,000?
The chart shows BTC has formed a reverse head and shoulders pattern with the right shoulder being higher then the left one. Thats extremely bullish!
However, the pattern will become more prominent once Bitcoin reaches $29,000 area!
We can expect $30,000 to have strong resistance sending Bitcoin back to retest $25k-$26k new support! $34k-$35k will be the price target for the head and shoulders pattern!
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