#Bitcoin is currently trading within a descending broadening wedge, with the price holding above the MA ribbon support.
The hash ribbons have also printed a buy signal.
The short-term pullback in BTC resembles the last instance when the ribbons turned green.
The price dipped immediately after, followed by some consolidation and a nice V-shaped recovery.
As long as price is holding above $60,000 dips are for buying. 🤝