Bitcoin appears to have a hard time breaking above the downward slonping resistance, which is forming a descending triangle or bullish flag.
The RSI is at a level where we've seen rejection multiple times in the past, and there may be a H&S pattern shaping in addition to the descending triangle.
The RSI is at a level where we've seen rejection multiple times in the past, and there may be a H&S pattern shaping in addition to the descending triangle.
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Same chart but on a 5 day.
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Bullish Flag or Descending Triangle.
