Bitcoin ready for new high with triangle consolidation completed

<p>Bitcoin’s strong rally today, with 34899 resistance firmly taken out, suggests that the five-wave triangle consolidation pattern has completed at 29283. That’s slightly early than expected, leaving 28989 support untested. Anyway, for now, further rise should be seen to 40000/41964 resistance zone. We’d expect this resistance zone to be taken out to resume the larger […]</p>
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