PiersonFinancial

BTC forming yet another wedge

Long
BITSTAMP:BTCUSD   Bitcoin
It seems that every time we think the end is near we have another boom to all time highs. Some say Elon caused the break down by saying the price is too high or Powell.

Key take away:
-BTC has the oldest bank backing it
-US is prepping for a digital dollar
-Has to drop below 40,000 before even slightly scaring us
-Forming wedge after wedge and cannot be traded like traditional stocks
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