Technical analysis by JoE about Symbol BTC: Buy recommendation (6/16/2023)

Bitcoin is not done yet We are seeing a retest of the previous inverse head and shoulder pattern neckline. A strong bounce would confirm the validity of the neckline support, also BTC.D is acting strong. This could be a combination of a concentration of money into the Bitcoin and an effect of the upcoming halving event. A great risk reward trade has presented itself and this might be the trade of the year.