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Bitcoin: Falling Wedge

BTC/USD, 4 hours    LONG Nov 5
As we can see BTC/USD develops a falling wedge, the price demands a bit more consolidation as a sign of a breakout. A falling wedge provides a specific bullish price action indicator that is used to predict extending an uptrend once price breaks through the resistance. It is possible that a move to 69000 will take place as the cryptocurrency probes 68400 hurdle.
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