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jvalli
Aug 20, 2022 7:37 AM

BTC caution - holding 

Bitcoin / U.S. dollarBitstamp

Description

BTC consolidating uptrend parallel channel.

Within the upper channel a rising wedge, with a typical downside result.

Downside price contact to the lower channel support level and holding well so far.

Expecting further consolidation in the lower channel region during Sept period. Before a breakout towards the upper channel in Oct.
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