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#FIS buy hold tight preparing to breakout of the descending triangle on the weekly chart #SPOT Trading ,,,, If resistance line breaks, we might see price surge towards targets at $0.67, $1.23 and $2.52 $FIS
Bitcoin is currently trading within a rising wedge pattern and is facing resistance at the upper trendline of the wedge. If the price breaks above this resistance, the pattern will be invalidated, potentially leading to a new peak for BTC.
However, if Bitcoin breaks below the support trendline, where the 21MA and 50MA are providing support. Such a breakdown would likely result in a market correction. $BTC