Bitcoin breakout after short dip to $3200. (BTC/USD)

Bitcoin to move up after short dip to $3200. Bitcoin finds support from 3 key areas which will lead to the bounce. (1) bullish descending wedge (2) 200 week MA (3) Buy support at last low / those who know a double bottom is possible. If an upward movement occurs, watch for stiff resistance to the bullish movement at the 50 day MA (around 3750) and 4200. Best of luck traders.
BTCUSDChart Patterns

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