Bitcoin Analysis 5/4/22 Pt 3 (Falling Wedge Breakout)

BTCUSDT Perpetual Contract BYBIT:BTCUSDT

NeutronMan

Bitcoin broke out of this Falling Wedge pattern and it reached the first price target of the Bull Flag . I believe Bitcoin needs to retest the downward sloping line of resistance on the Falling Wedge before moving up further. It basically needs confirmation of this breakout.

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