US EditionBitcoin at Crossroads: Bullish Wedge or Drop to $74K?
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Bitcoin at Crossroads: Bullish Wedge or Drop to $74K?
The historical significance of falling wedges in Bitcoin patterns demonstrates an upcoming bullish trend. Price maintains a position at the wedge resistance but also rests on the 200-day moving average which strengthens the bullish outlook. If Bitcoin successfully breaks out it could reach $100K but a failure might produce price consolidation or another attempt at $74K. The current financial projection setup of Bitcoin has captured investor obse…
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