• The Bitcoin price has broken out from a descending wedge.
  • There is very strong resistance between $9,200-$9,350.
  • The price is trading inside a short-term ascending channel and has generated bearish divergence.
The Bitcoin price has broken out from a descending wedge and is currently trading near a very important resistance level, found between $9,200-$9,350. Until the price is successful in moving above this area, the price movement cannot be considered bullish. This belief was shared by well-known cryptocurrency trader @AltcoinSherpa, who outlined a BTC chart and stated the importance of the
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Valdrin Tahiri

Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

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