Bitcoin strong upside support confluence

Bitcoin is testing the strong support confluence.

 

Is there a belt hold for Bitcoin? Bitcoin made a minor bounce from 30000. This is where the 30-33k support zone is coming up, and a break below 30000 is now required for the downside continuation. Price action formed a clear descending wedge (usually bullish), and a bounce from here could lead to a 45000 test which is now a key upside reversal resistance.

Note: look for the buy trade entries with protective orders below 30000

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