Bitcoin is consolidating towards the end of the rising wedge. It may hit the previous resistance at around 11.7k. Furthermore, with a hidden bearish RSI divergence and falling volume, this could be a textbook short.
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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.