Bitcoin Price Intraday Analysis: BTC/USD Breaks Rising Wedge Support

Bitcoin Price Intraday Analysis: BTC/USD Breaks Rising Wedge Support

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Against every bullish expectation, bitcoin price finally lost its latest upside today to growing bearish pressure. The BTC/USD on Wednesday plunged as much as 7 percent. The pair seemed to have overstayed its welcome near the resistance of our Rising Wedge channel. There was absolutely no buying sentiment visible around the area in the past

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