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BTCUSD - the price seems to have broke out the rising wedge

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The rising wedge has broke, the price has managed to breakout the support level of the rising wedge pointing at further moves down. The price may take a break and retrace slightly before continuing bearish. I believe the price could fall as far as $6,600 then it will reach a strong support level. I would keep everyone updated on my findings with cryptocurrencies.

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