Bitcoin in a Falling Wedge!
Updated
Looks like a Falling wedge to me which is a bullish pattern if it breaks out of the top line. I am ignoring the FUD sell off by China News down to $2900 which was rejected by the market. This is just a test and speculative analysis. I am no expert and still trying to learn. Please comment and enlighten me what you think. Any comment is appreciated. I see everyone is very bearish about Bitcoin now but to me the chart looks otherwise so shading some light from someone will be helpful! Thanks for viewing and comments.
Note
Falling wedge pattern broken upside. Possibility of going much higher.
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