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UnknownUnicorn1375590
May 31, 2019 6:33 AM

BTC wedge signals a top 

Bitcoin / United States DollarCoinbase

Description

As you can see, BTC has been trading within a descending wedge during late-May. This pattern could continue to tighten for another week with another test of resistance levels at 9 - 9.5 K. If BTC struggles to get past 9.5K, the wedge pattern would break bear sending BTC back to the 7K region.

Comment

Broke earlier than I predicted.
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