Bitcoin May Confirm a Massive H&S Pattern, Marking a Long-Term Top

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Bitcoin is currently in the process of breaking out of its trading range between $9,000 and $9,300 The crypto is now showing some signs of strength following yesterday’s harsh rejection at $9,350 that sent it reeling to $9,100 If BTC buyers can perpetuate this upwards momentum, one analyst is now noting that $9,850 is in the cards He also believes that it will face a rejection at this price level, which could confirm a massive head and shoulders (H&S) pattern If confirmed, this pattern alone could spark the next Bitcoin bear market Bitcoin is about to break out of its trading range, with buyers currently battling with sellers as it hovers just above $9,300. The crypto has been trading here throughout the past several hours, and it remains unclear as to whether or not bulls have enough strength to catalyze a decisive move higher. Despite the current indecision, some analysts…

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