Bitcoin Price ‘Throwback’ Suggests Potential For Rally to $37K: Valkyrie Investments

“Typically, but not always, prices will break above the neckline [resistance] and then return to that level, currently between $24,000 [and] $25,000,” Olszewicz said in a weekly market update. “This behavior is described as a ‘throwback,’ which in this case also includes a nearly three-month bullish reversal falling wedge chart pattern.”

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• Source: https://www.coindesk.com/markets/2023/06/14/bitcoins-price-throwback-suggests-potential-for-rally-to-37k-valkyrie-investments/?utm_medium=referral&utm_source=rss&utm_campaign=headlines