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MysteryR
Apr 7, 2021 3:46 PM

Bitcoin Descending Wedge Pattern- Breakout April 17th/18th 

Bitcoin / U.S. dollarBitstamp

Description

Critical Bitcoin pattern forming. Breakout in about 10 days, but Bitcoin tends to be an inpatient asset... Either going to 50k, which is still bullish, or 58k, which isn't necessarily exciting now is it.
Comments
goraxes_
I agree with the directions and the pattern also looks good. For breakout I would bet April 12th or 14th, the latter being Coinbase IPO day which is - imho - significant.
MysteryR
@goraxes_, Oh yes good call, that is an important event indeed!!!!!
watchtrend
Thanks for your idea.
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