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BTCcoinsultant
May 10, 2015 2:37 PM

Bitcoin's Rising Wedge. 

Bitcoin / DollarBitfinex

Description

Bitcoin prices are starting to converge with a rising wedge formation. $250 is my target breakout zone and at present levels a breakdown would occur if $235 is breached. The breakdown support line will shift to $240 if we keep moving within the range of this wedge.
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