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BTC DAILY UPDATE
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BTC DAILY UPDATE
By mikedargham
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May 16, 2022
1
May 16, 2022
On the 4hours chart, we are playing inside a rising wedge which indicates a continuation of the drop in the price.
If the price bounces off that support the target is 32k and then breaking off that wedge.
The wedge target is at least the bottom of it
Chart Patterns
Trend Analysis
mikedargham
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