Hello, dear members of LeoFinance!
Let me write a short update on the price chart of Bitcoin.
In the 4-hour chart (4H), BTC/USD is facing slight resistance at the upper line (resistance line) of the Broadening Rising Wedge:
In my view, even if BTC/USD declines and approaches the lower line of the wedge, after that, the price will rebound and renew the uptrend within the trajectory of the wedge.
To be continued ...
As of the time of writing, one Bitcoin costs $22,789.02 on Bitstamp crypto exchange, according to TradingView.
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for the last 14+ years, and as a cryptocurrency analyst for the last 3+ years.
Important!
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.
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