From the previous analysis that I have shared bitcoin made a bullish movement up to 42.9K and it moved back down according to the scenario that I was anticipating earlier.
Since the previous time, I was expecting the pullback between 39.5 - 40K it happened at 39.8K. If this price level will hold we can see BTC moving up again.
Now the price is creating the right shoulder of the pattern and it can move up again.
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