Bitcoin is retesting the rising wedge
As you can see on the chart, this is a classic textbook re-test of a rising wedge formation. I expect a big drop today or tomorrow.
This is not financial advice.
This is not financial advice.
Note
It looks like bitcoin is once again trying to kiss the lower wedge trend line, but most likely all it will get in return is a ticket to a steep downward ride.
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Related publications
Disclaimer
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.