A rising wedge is forming on shorts along with bearish divergence on the daily RSI. It's also near ATH prices and stalls out around 40k. Due to this there could be a short squeeze to push the price of BTC up further.
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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.