Bitcoin bears prepare to break through support.
As Bitcoin prices continue to trade within a well-defined range, BTC/USD is preparing to break below Fibonacci support in an effort to drive price action back within the confines of the falling wedge. Will Russia-Ukraine tensions drive cryptos past January lows?
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Disclaimer
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.