In brief

  • Bitcoin loses the support line; a head-and-shoulders setup is in play as it tries to retest

  • Wealthmanager analyst believes the price could reach USD 71,000 if the neckline support is rejected

  • Glassnode sets a structural accumulation level between USD 62,000 and USD 65,000

Read the original story: Where will Bitcoin go next? This chart pattern points to USD 71,000 by Kamina Bashir at th.beincrypto.com