Short

Bitcoin needs to break upper trendline or it will be back at 30k

Bitcoin has formed a rising wedge on 4H chart (Google rising wedge, it is a bearish pattern). If this is broken to the downside (Which I think will happen), Bitcoin will fall back again to 30k.

Note: This is not a financial advice. Do your own research before investing.

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Related publications

Bitcoin weekly chart analysis : Bearish rising wedge confirmed

This is why Bitcoin is falling| The Big Bull

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