BTC is loving rising wedges which are typically bullish. IMO we've just witnessed a weak bounce and we're just going through the motions until we hit ~6k. I'm bearish on this overview and think its unlikely we'll break the longterm downtrend.
Short Entry - in pink ~ $6950
Short Entry - in pink ~ $6950
Note
*bearish rising wedge
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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.