On Wednesday, via the 1-hour chart, bitcoin is forming a potential inverse head and shoulders pattern around the $61,500 level. If confirmed by a breakout above $62,000, this could signal a bullish reversal. Additionally, the 4-hour chart reveals a descending channel from $65,144 to $58,456, where a breakout above the channel’s upper boundary near $62,000 […]Markets and Prices, Bitcoin, bullish reversal, Crypto, Cryptocurrency, descending channel, inverse head and shoulders, Market Trends, price movement, Technical AnalysisRead More

You might also be interested in reading Live news: Bitcoin plunges to lowest level since August.