Currently, there seems to be a buying opportunity, but the 3.4k satoshi resistance must be broken. This is inline with the inverted neckline . On the breakout, the H and S pattern should be completed by sending price back to the 5.4k satoshi resistance, that previously was rejected several times.
Break above the resistance should establish a longer-term uptrend sending price much higher. On a downside, the support in at 2.4k satoshi and only break and close below could invalidate outlook.
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