#BTCUPDATE
Social media is talking about the IHS pattern again, and that it targets 8k or even higher. However, the neckline should be tested, broken and then retested as the support first. I personally, do not think BTC can go higher that $6,815 at this point but 1 or 2 days from now. My bearish view is invalidated if BTC closes on the 4h chart above $7050 levels, the recent cycle low in May.
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From @prasadyelwande