While not fitting the typical textbook definition of a head and shoulders pattern, the behavior of Bitcoin's price since March 19th has featured a notable peak followed by progressively lower highs, as noted by Valkyrie's analysts.
Bitfarms, a global company that mines bitcoin, says that the price of bitcoin is one of the most important things for the future of the industry. Bitfarm's Latam General Manager, Damián Polla, said that countries like Argentina, where Bitfarms is building a bitcoin mega-mining center, were a very good place for bitcoin mining companies to end up for a number of reasons.
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