Bitcoin Technical Analysis: BTC/USD price action remains dictated by rising wedge pattern, bulls still have chance for upside, before another drop south

Bitcoin price is nursing minor losses on Thursday of 0.5%, as prices across the board remain muted. BTC/USD continues to trade within a rising wedge pattern, subject to an eventual breakout to the downside. Upside looks capped at $6850, with near-term downside support seen at $6725.   BTC/USD 30-minute chart Spot rate:                    6730.7 Relative […]

The post Bitcoin Technical Analysis: BTC/USD price action remains dictated by rising wedge pattern, bulls still have chance for upside, before another drop south appeared first on Forex Crunch.

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