TraderEye Market View: The bite of the shark in the price of Bitcoin

Wednesday, July 24, 2024

The bite of the shark in the price of Bitcoin

After a false breakout of an hourly wedge pattern, a quick move of a harmonious bullish shark pattern emerged that took the price of Bitcoin down to the 0.886 level in the shark pattern.

Attached is a graph of the bitcoin price in a fifteen-minute time frame, indicating the bullish harmonic pattern of the shark type:

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