BTC/USD: Inverse Head and Shoulders Forms

From dailyforex.com

Bitcoin price drifted upwards, reaching a high of $65,840, its highest point since July 31st. The BTC/USD pair has moved into a bull market, rising by over 33% from its lowest level in August. This rebound mirrored the performance of other assets like stocks and commodities. The Dow Jones index rose by 240 points, while the Nasdaq 100 and the S&P 500 indices rose by 0.90% and 0.87%. The main catalyst for the price action was the decision by China to announce another series of stimulus package. While the dollar figure of the deal was not mentioned, analysts expect that it will lead to will boost the economy. ... (full story)