$BTC #BTC
Over the past 24 hours the price of Bitcoin sagged locally 📉Consolidation of the price on the timeframe of 4 hours continues.
This chart shows that we are actively trying to draw a "squeeze" pattern 📈 It is expressed in a very popular bearish "head and shoulders" formation.
In fact, at the moment the formation has already collapsed, it is dissolving into sideways. A local drawdown to the support of $66,780 is possible, but this is if the pressure will not withstand the trend line support.
In the future, I see a gradual development of growth from the sideways on Bitcoin
Over the past 24 hours the price of Bitcoin sagged locally 📉Consolidation of the price on the timeframe of 4 hours continues.
This chart shows that we are actively trying to draw a "squeeze" pattern 📈 It is expressed in a very popular bearish "head and shoulders" formation.
In fact, at the moment the formation has already collapsed, it is dissolving into sideways. A local drawdown to the support of $66,780 is possible, but this is if the pressure will not withstand the trend line support.
In the future, I see a gradual development of growth from the sideways on Bitcoin