Ken Chigbo
Independent Analyst
- Bitcoin price in the second half of Tuesday is trading in the red, down some 1.35%.
- BTC/USD price action remains weighted to the downside, following the rejection within supply around $12,000 region.
- Price action via the daily chart view is constructing a potential inverse head and shoulders pattern.
Spot rate: 11,202.10
Relative change: -2.30%
High: 11,439.75
Low: 11,200.23
BTC/USD daily chart
- Price action via the daily is forming an inverse head and shoulders structure.
BTC/USD 60-minute chart
- The price via 60-minute chart view has extended to the do
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