Bitcoin trading in an ascending wedge
Updated
In the first wedge, we had a descending one, which you can see, it led to a minor upwards movement. Now, we are witnessing the formation of an ascending wedge, which makes me feel short-term bearish. Another pullback for BTC would be very healthy for the bull trend in the long-term, as the halving event is getting closer.
Note
Broke out upwards. Really unexpected. Let's wait till the end of the day to see if this wasn't a fakeout
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