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DaBullishBear
Jan 24, 2022 1:16 PM

is this the bottom of the #bitcoin rising channel? Long

Bitcoin / United States DollarCoinbase

Description

we've reached the trendline that's parallel to the "resistance" trendline, and this could possibly be a rising channel, with the bottom being found right now. Wicks are ok, and keep in mind this is a weekly chart. But any sort of aggressive bids on bitcoin in the next week or two might indicate this is a rising channel, and next stop is the top of it.
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