BTC wedge signals a top
Updated
As you can see, BTC has been trading within a descending wedge during late-May. This pattern could continue to tighten for another week with another test of resistance levels at 9 - 9.5 K. If BTC struggles to get past 9.5K, the wedge pattern would break bear sending BTC back to the 7K region.
Comment
Broke earlier than I predicted.
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