bitcoin on the 1 hour timeframe is strengthening but our scenario is still bearish. we see a rising wedge pattern that might occur in the next 2 days. The rising wedge will be valid if btc experiences rejection in the $44k area.
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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.