Is Bitcoin pointing to move toward $53,000?
While Bitcoin has slipped towards levels of around $42,000 in recent days, it hasn't surrendered all the gains made from lows of $32,950 hit on Jan. 24.
Bitcoin is forming a technical pattern that suggests a brighter period lies ahead for the world's largest cryptocurrency. The pattern, a so-called reverse head and shoulders , is often viewed as signaling a flip in a downtrend. The study suggests that a target of about $53,000 would come into play for the token -- which is up some 3% on Tuesday -- if it breaks the neckline of the reverse head and shoulders at about $44,600.
Source: Bloomberg
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Tiggerpepper : Yeah
617319818491 : After Putin pulled his army back, stocks were going up.
Be a voice no echo : yes break 53000