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Bullish pennant breakout retracement in progress

By Hinterland
Updated
Yesterday the breakout out of the bullish pennant was confirmed by a strong close above the 51k level. BTC reached 52k briefly and went for a small retrace today at the 51k level. If the daily candle has a strong close above 52k the bullish pennant pattern will be completed and confirmed.
Note
BTC currently testing 52k!
Trend Analysis
Hinterland

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