FieryTrading

Bitcoin Is Forming a Bullish Wedge

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BINANCE:BTCUSDT   Bitcoin / TetherUS
Since the start of the month Bitcoin's price is following an ascending wedge, which is a classical bullish pattern.

With the recent influx of volatillity in the markets, the price of Bitcoin might follow this wedge for a short consolidating phase. When the price breaks this wedge, prepare for a strong bullish run towards 17k+.

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