💰 #BTC - Weekly Reversal Watch 👀
A potential inverse head and shoulders is developing on the weekly chart. The latest pullback is testing the right-shoulder area around $62K-$65K, above the head near $58K-$59K.
The next step is a rebound toward the rising neckline, which extends toward $90K. A weekly close above that line would confirm the pattern and put the chart’s $120K projection in play. 📈
$BTC
#TradFiForBeginners
A potential inverse head and shoulders is developing on the weekly chart. The latest pullback is testing the right-shoulder area around $62K-$65K, above the head near $58K-$59K.
The next step is a rebound toward the rising neckline, which extends toward $90K. A weekly close above that line would confirm the pattern and put the chart’s $120K projection in play. 📈
$BTC
#TradFiForBeginners
