It looks like bitcoin is trying its last effort to test the rising wedge for the third and final time. RSI is also indicating a bullish divergence. However, I think this is the last uptick before the final capitulation. Anyway, such a retest will create quite a sizable H&S formation on the daily chart.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.