There is a descending wedge forming on BTCUSD right above an important support level. I wouldn't be surprised if we move a bit lower to the support level before breaking out of the wedge. Keep in mind the wedge will only be validated when we break AND close above the pattern.
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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.