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CapitalistPeng
Nov 29, 2020 6:01 AM

BTC Bearish Rising Wedge Short

Bitcoin / U.S. DollarGemini

Description

On 1H timeframe Bitcoin has been printing a bearish rising wedge. I expect that we will break down and will test lower levels before finally hitting all-time-high of $20,000. The breakdown of the wedge should occur before Tuesday, December 1st. It is important to note that we are still in an uptrend, and the mid to long term view is still very bullish.
Comments
TheCrazyCryptoDude
Thanks, nice chart
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