BTC Wedge Update
Descending wedge (bullish formation) broke out and re-tested the the downtrend line. Looks good for the bulls!
Note
The fibonacci level that has been holding under the wedge is the 2.618 of the macro wave 1, since the last cycle high in 2017.
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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.