BTCUSD $7,300 Fanoherana lehibe

Bitcoin has staged a quick reversal back under the $7,000 level after staging a quick breakout towards the $7,300 resistance area. Failure to move above the $7,300 level could result in the BTCUSD pair forming a large head and shoulders pattern across the lower time frames. A sustained break above the $7,300 level could see the BTCUSD pair starting to rally towards the $7,800 level.

Ny mpivady BTCUSD dia mibaribary ihany raha mivarotra mihoatra ny $ 6,700, ny fanoherana lehibe dia hita amin'ny $ 7,300 sy ny $ 7,800.

If the BTCUSD pair trades below the $6,700, sellers may test the $6,500 and $6,200 support levels.