A Bitcoin long idea
Updated
The descending broadening wedge shown on the chart is a sign that the selling of Bitcoin has been slowing down, and there is a chance for a temporary reversal. I also think there is a support around 24300, so if the price dips to that level, it can be a good entry for a long position with a target 28000 and stop loss: 22500.
Comment
Price didn't reach entry, so I consider this idea invalid.
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