BTC# 76 -- 02/26/2021 BTC on correction to 41K?

Hello Together,

Enclosed, as always, is my daily update on the BTC price.

It looks like our Rising Wedge or Ascending Triangle is breaking out to the downside. Furthermore, BTC is again holding to the resistance (white) that has formed since our sell-off. In my opinion, we will very likely test the $41,000! Here I want to see from BTC then a nice bounce to the top!

We definitely need to keep an eye on the 41K today. It's also heading towards the close of the month and we may well see another small sell off here.

Should we hold at our previous low, a nice double bottom would form. Here I keep you but on the running, falss this scenario arrives.

Have a nice weekend and stay healthy!

Your Schueco / BTC Moneymaker

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