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Bitcoin Head And Shoulders Triggers: See The Target

Bitcoin broke a major head and shoulders neckline over the weekend. Head and shoulder technical pattern setups are bearish once the neckline is broken. The target can be calculated. This break sends a signal to crypto investors to expect further downside to a calculated target of 30,000. Upon the break of the neckline, Bitcoin has already collapsed 10%. Once Bitcoin hits 30,000, investors can start accumulating slowly, understanding the next support is at 20,000. In other words, start buying small and continue to accumulate down to 20,000.

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