Technical analysis by maybethatguy about Symbol BTC: Buy recommendation (5/23/2023)

BTC head and shoulders leading into a pullback to $25,000 w/ Fib Looking at the 4 hour chart of BTC, it's looking like we have a choppy head and shoulders that finished about a week ago and fell into some consolidation. Normally with a nice breakout, a pullback should be expected. I'm thinking it will land somewhere around the $25,000 range. This would be right with our last zone of resistance and also on the fibs 50% line. Expecting a pullback that hits previous resistance and a fib level would be pretty ideal.