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CryptoLuxury7

Bitcoin Descending Triangle

Bitcoin (BITSTAMP:BTCUSD)  
CryptoLuxury7  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Fundamental Analysis
2
6
trendanalysis fundamental
Bitcoin forming a descending Triangle. Typically this is a bearish formation BUT not always. We need some volume to push out of this on the upside. It has continued to test it a few times.

Make sure to wait for a confirmation and not just buy on a wick.

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