Updated
Bitcoin rising wedge pattern
From what we have seen today, bitcoin drop quite sharply and there can be a possibility of bitcoin breakdown side of the rising wedge pattern. Where the possibility is that after breaking down the pattern, it will try to retest the fib 78.60% and drop with a possible of 30% which there is a strong support at 600.000.000.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.