nagihatoum

BTC triangle still in play

Long
BITSTAMP:BTCUSD   Bitcoin
Price action broke out of falling wedge faster than expected and but has not reached wedge target. Price is consolidating in a range within the symmetrical triangle. Break out is favored upward to 12.5k, but very possible it can break down to retest the 10.5k multi months resistance turned support when price broke through it on the 27th of July.

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