Bitcoin is up 1.9% over the past week and continues to climb steadily since December 1. It trades near $93,300 after a flat 24 hours, but the chart is hinting at a breakout, followed by a possible 15+% move.
Buyers have stepped back in, but not the ones that the Bitcoin price would want to sustain the rally.
Bitcoin has traded down since mid-November, building pressure to the downside. Yet, the price has been rising since December 1 and is now pushing into a potential breakout structure. The same is confirmed by a developing inverse head-and-shoulders pattern on the 12-hour chart. That patte