Rising Wedge with Bearish Divergence on 1D BTC Chart
As you can see, we are currently trading in a rising wedge pattern on the 1D BTC chart and have developed bearish divergence on the MACD and RSI oscillators. If bulls aren't able to invalidate the divergence and pattern by getting over $9950, I would expect a drop to support levels at $9150, $8800 and $8600 below. If we fail to hold these, $8000 and $7400 are the next key supports.
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