TraderEye Market View: Traders are waiting for a significant move in Bitcoin

Monday, August 19, 2024

Traders are waiting for a significant move in Bitcoin - Follow Up 2

Link to - Traders are waiting for a significant move in Bitcoin

The price of Bitcoin continues to trade within the area of a bullish wedge pattern, we will patiently wait for a significant move in the battle and in it towards the breakout of the expected wedge upwards.

Attached is a 4-hour graph of the Bitcoin price showing a 4-hour wedge pattern within a daily wedge pattern:

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