Although Bitcoin seems to be pretty bullish lately, some formations point at the possibility of trend reversal. Right now, the price seems to fluctuate in 72xx-73xx range. I think it is gonna grow slowly until it breaks the lower (most probable) or the upper part of the wedge:
The reason why I am bearish short-term is RSI, which will more likely go downwards as it hasn't got all that much room to grow. Also, BTSUSD shorts are growing once again, which indicates the growing resistance.
Note: I do not provide any financial advice. Take any action at your own risk.
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