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Bitcoin Price Bullish Patterns Start Appearing Again - Analysis.
2021-12-01 | Mike Hallen
BTC/USD 1 DAY PRICE CHART: - SOURCE- COINMARKETCAP.COM
Earlier on Monday, Bitcoin's late surge coincided with a return to big market form and the announcement that Twitter CEO Jack Dorsey had stepped down to focus only on Bitcoin. Although bulls did not have access to $60,000, there were indicators of significant mood swings all over the place. "Bitcoin has a high-moment structure. It is critical to be conscious of the importance of cycling "In a separate post, I mentioned TechDev. The Crypto Dread & Greed Index, which was in the "severe fear" zone a few days ago, is expected to enter "neutral" territory at $40/100 on Tuesday. The picture was mixed when Ether (ETH) was pitted against Bitcoin. The rising wedge pattern in the four-hour ETH/BTC time series was noticed by trader Crypto Ed as altcoins suffered widespread bad performance 24 hours ago. Similar features have appeared on the weekly chart. Because of their proclivity for breaking down, climbing wedge structures are frequently regarded as possible red flags. At the time of writing, ETH/USD was trading at $4,733, up 6.34% for the day.
