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RE: Bitcoin Technical Analysis: Flawless rising triangles in Bitcoin!

in #bitcoin7 years ago (edited)

Ummm, bitcoin is far from any rising triangle or wedge pattern! For two days it has closed below the moving average line, with a massive bearish volume, while touching the lower bollinger band. We will see tomorrow if today's bullish candlestick will hold, if it doesn't, you're in for a rocky downhill.
https://steemit.com/cryptocurrency/@drakos/bitcoin-price-moves-the-bears-are-still-leading