“Typically, but not always, prices will break above the neckline [resistance] and then return to that level, currently between $24,000 [and] $25,000,” Olszewicz said in a weekly market update. “This behavior is described as a ‘throwback,’ which in this case also includes a nearly three-month bullish reversal falling wedge chart pattern.”
Bitcoin (BTC) Price ‘Throwback’ Suggests Potential For Rally to $37K: Valkyrie Investments
