Bitcoin

Bitcoin attempting breakout of large channel.... $13,000 Target

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Bitcoin looks to be attempting a breakout from a large descending channel. 4 hour chart shows price currently consolidating within a wedge above channel resistance. If we break to the upside, this would expose a price target of $13,000. Wedge support comes in around $11,500. A break from the wedge to the downside would expose $10,000, which is the heart line of the descending channel.

Will be watching for a clear breakout / back test from the wedge.

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