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Vauld Insights 2022-05-04 08:30:00

Capitulation May Drive Bitcoin’s Breakout Soon

Bitcoin’s transaction volume in loss tends to rise ahead of significant price rebounds. A falling wedge pattern breakout could catapult BTC 7.65% to $41,000. Bitcoin’s price may drop to test support at $36,000 and $33,000. Bitcoin continued to wallow under limitations placed by selling pressure, especially in April. Recovery attempts above $40,000 were frequent but […]The post Capitulation May Drive Bitcoin’s Breakout Soon appeared first on Vauld Insights.

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