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Crypto Twitter Sees ‘Bearish Wedge’ Pattern in Bitcoin’s Price Recovery

Crypto Twitter Sees ‘Bearish Wedge’ Pattern in Bitcoin’s Price Recovery

Julie Henderson by Julie Henderson
August 16, 2022
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“Bitcoin has managed to hold up much better than I thought it might, but the outlook appears to be the same,” Michael Kramer, founder of Mott Capital Management, wrote in a market update published Sunday. “A rising wedge pattern is forming within the bear flag pattern, strengthening the case for this fall lower and potential test $16,400.”



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Tags: BearishBitcoinsCryptoPatternpriceRecoverySeesTwitterWedge
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