Bitcoin price forms two risky patterns as ETF outflows rise
As the Bitcoin price retreats below the $110,000 support level, two risky chart patterns have formed while exchange-traded fund (ETF) outflows rise. Summary Bitcoin price has formed a head-and-shoulders pattern. BTC has also formed a rising wedge pattern on the weekly chart. Bitcoin ETF inflows have slowed for two consecutive weeks. Bitcoin price retreats amid … Read more
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