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Y_Duursma
Jan 12, 2022 1:39 PM

btc falling wedge breakout + bullish divergence on the MACD Long

Bitcoin / TetherUSBinance

Description

Bitcoin has turned bullish. We broke out the falling wedge today. If we are able to close a daily candle above the wedge and retest it a few times we should be very bullish. (See my price target of ~47k)

*The MACD bounced on the support and has made a higher low. We can clearly see bullish divergence here.
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