Bitcoin Analysis: BTC Needs to Overcome Strong Resistance at $8200

From Monday the price action of Bitcoin has created a head and shoulders pattern with the expected downward move which has developed like expected yesterday.

The price has increased above the H&S pattern’s horizontal level but has shown signs of weakness as it found strong resistance before managing to exceed the prior high.

Original source
https://blockonomi.com/bitcoin-analysis-btc-needs-to-overcome-strong-resistance-at-8200/

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