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Bitcoin
Long

Bullish megaphone

By stanosky
As you can see in the chart, the price of bitcoin probably wants to form a bullish megaphone formation. This looks like a very likely scenario, however, looking at the RSI indicator, it no longer looks so optimistic, hence I think the price may bounce off the upper edge of the megaphone or the channel I also drew.

This is not financial advice.
Chart Patterns
stanosky

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