p4917

Bullish Wedge is forming

BITSTAMP:BTCUSD   Bitcoin
A bullish wedge is forming on the daily chart. Seems like Bitcoin does need this consolidation patterns after the breakout of the bearish trend channel. If this wedge does break to the upside a move to 9000 $ is likely. At least to the 200 SMA. If we are able to break the 200 SMA then I would expect a more neutral to bullish market phase at least until the halving in May.
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