BTC Perpetual Futures Contract
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Bitcoin Fake Out?

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Breakout or fakeout from desceding wedge formed over serveral days including a combination with a possible cup and handle pattern.

Lack of volume indicates it was a fake out from the established trend.

Where will Bitcoin go next?

A bounce to the downside of the wedge will break previous strong support from recent weekly lows.

A break to the upside will need considerably more volume over the weekend.

Worth tracking whilst we float outside the descending wedge
Nota
Obviously I need a little more patients!

Penafian

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