Bitcoin Forms Fresh Trading Range as Bullish Technical Pattern Emerges

After briefly dipping below the psychologically important price level of $10,000, Bitcoin has once again extended the upwards momentum it has incurred over the past several months and is now firmly trading within the $10,000 region.

Analysts are now pointing to the formation of fresh trading ranges and a potentially bullish inverse head and shoulders pattern that has been forming, which may give traders some direction as to which direction the volatile asset is heading next.

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