Yaroslav_Krasko

Huge Falling Wedge on Bitcoin chart

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INDEX:BTCUSD   Bitcoin
I don't like trading technical analysis patterns. But the wedge pattern is probably the only sensible pattern of all.

On the Bitcoin chart, we see that the price has broken through the upper boundary of the wedge. According to the rules, the figure's target = its height or the first peak (right now it's $25k).

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