Milati

Bitcoin looks like an ascending wedge now!

BITSTAMP:BTCUSD   Bitcoin
Bitcoin is fighting with $20.000. We are seeing an ascending wedge that is forming right now. Ascending wedges are seen as bearing continuation patterns so we may see a leg downwards soon. On the other side, if we manage to set in another higher top, we might break $20k. This could bring in some good buying volume which might cause a break higher.

Let's see how this plays out! What are your thoughts?

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