BTCUSD TP 72400-74200

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BTCUSD TP 72400-74200Bitcoin / U.S. dollarBITSTAMP:BTCUSDXTrendSpeedOn the daily chart, BTCUSD has stabilized at lower levels, and the short-term price action has formed an inverse head-and-shoulders pattern. Attention should be paid to the support provided by the upward trend line; if the price pulls back and stabilizes, further buying could be considered. To the upside, watch the previous supply zone between 72,400 and 74,200.