wuliwong

BTC breaking down out of rising wedge

BITSTAMP:BTCUSD   Bitcoin
We are watching for the follow through price action after BTC has broken down out of a rising wedge formation. Will BTC just leg down to the bottom of the channel or will we see a backtest of the wedge as resistance. There is also the possibility it is a false breakout and BTC re-enters the rising wedge. There's bears in these here woods!

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