lucianpowers

Rising Wedge for previous correction vs Current one

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COINBASE:BTCUSD   Bitcoin
Keeping it simple. This correction is almost done and it formed a stronger rising wedge than the previous correction.

The news narrative has changed to positive mostly as the Market Makers pretty much finished accumulating.
We should expect BTC to break 40K soon if there are no unforeseen panic events and I don't think our beloved market makers would like a broken market where nobody would buy their mostly fake positive news.

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