After breaking the rising wedge pattern and the trendline, Bitcoin created a higher low at the 82k support. This gives us a potential setup for an ABC move upwards towards a higher high at the 90k resistance. The StochRSI and RSI are holding near the oversold territory, so an upward bounce is likely.
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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.