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BTC has touched around 53,000 and 51,500 which printed a double top .
We are forming a falling wedge which is a bullish pattern .
If we break support ton the wedge , we can expect to possibly see the 45,000 - 44,000 zone.
Always wait for confirmation !
We are forming a falling wedge which is a bullish pattern .
If we break support ton the wedge , we can expect to possibly see the 45,000 - 44,000 zone.
Always wait for confirmation !
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🤖 ByBit Trading Bot: https://t.me/KryptoniteTradingByBitBot
🥇Results: https://kryptonitetrading.com/#results
Comments
Bouncing back to almost touch $53k was a test of where retail holders will take profits (~120% for those who bought and held in 2017, a fair appreciation on an asset youve taken a loss on for 3 years).
The trades taking place this year will help solidify who the big players in crypto are. A legitimate price correction would be nice. I want BTC to go on clearance.