Bitcoin Falling wedge pattern with a Strong Support.
Bitcoin experienced a significant sell-off recently, but the market has since fully recovered. Currently, there is a breakout and subsequent pullback on the support level after the price exhibited a bearish breakout during the sell-off. The daily timeframe reveals a clear falling wedge pattern, indicating a strong support. We are now waiting for a confirmation of a bullish breakout on this pattern to further validate the potential upward movement in Bitcoin's price.
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