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Crypto Twitter Sees 'Bearish Wedge' Pattern in Bitcoin's Price Recovery

The rising wedge – a pattern that has appeared in bitcoin's price charts – has some analysts and traders calling for a renewed sell-off toward $16,400.

Updated May 11, 2023, 5:28 p.m. Published Aug 16, 2022, 2:34 p.m.
Crypto Twitter is worried bitcoin's recent recovery may be fleeting. (jonas-svidras/Pixabay)
Crypto Twitter is worried bitcoin's recent recovery may be fleeting. (jonas-svidras/Pixabay)