LiuTrader

BTC points to $5024.

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BITMEX:XBTUSD.P   Bitcoin
Bitcoin seems to have formed again a rising wedge, much smaller than the last one in time and price, but I believe that the outcome will be the same. I'm projecting a drop to 0.618fib ($5024), this move should happen in the coming days.

The RSI is playing an important downtrend, OBV remains neutral and MACD is trying to cross to the positive side but already with a downturn.
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