Bitcoin did an amazing uprise since the last low(almost 17%) but as BTC approached higher prices it encountered powerful resistances of the global trendline and the daily 200ma and forming a rising wedge pattern, thus we are expecting a retracment to the lower levels.
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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.