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Watch Out for the Wedge: The Chart Trap That Could Test Your Crypto Investment ⚠️
With a bearish wedge on the Bitcoin chart and Jerome Powell's speech just around the corner, are we facing a 46% drop and is the entire crypto market going to plummet? 🤔
What's up, my people! 🚀 Get ready because the world of cryptocurrencies is on edge and the future of Bitcoin feels more unstable than a hundred-dollar bill at a party. It turns out that analysts are seeing a super bearish pattern on the price chart, something they call an 'ascending wedge.' And what does that mean? That recent rises have been weak, and the price is compressing to a critical point.
What's up, my people! 🚀 Get ready because the world of cryptocurrencies is on edge and the future of Bitcoin feels more unstable than a hundred-dollar bill at a party. It turns out that analysts are seeing a super bearish pattern on the price chart, something they call an 'ascending wedge.' And what does that mean? That recent rises have been weak, and the price is compressing to a critical point.
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