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Bitcoin
Long

BITCOIN POSSIBLE BULLISH | UPTREND |

By Bluephlex
Updated

| REASON |

Bitcoin currently playing in Falling Wedge Pattern which is a Bullish Reversal pattern meaning Market will be expected to PUSH UP.
If market breaks out of the wedge upside then that bullish expectation will be high


EXPECTATIONS

If BTC breaks above 41000 then i will expect a retest to the wedge and continue upside
If BTC breaks below 39234 then i expect it to continue support area 37385 or 36344 to hold and break above the Wedge upside as market still plays in the Wedge

TARGETS FOR BULLISH
  • 43221
  • 45579
  • 47698


Note
BTC has respected the falling wedge pattern and its playing according to expectations now
Bitcoin (Cryptocurrency)bitcoinpriceBTCUSDbtcusdlongChart PatternssignalssignalservicesignalsprovidersupportandresistancezonestrendanalyisisTrend AnalysisTrend Lines
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