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The Bitcoin price broke out from a descending wedge. The breakout was swift and done with significant volume. Currently, it is trading slightly above the previous breakdown level, right at the 100-day moving average (MA). In the short-term, it has created a bearish double top pattern.Bitcoin Price HighlightsThe Bitcoin price broke out from a descending wedge. There is resistance
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Valdrin Tahiri
Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.
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