Strong Rally in Gold Back Toward $5,000. Bitcoin Smashed Again
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Strong Rally in Gold Back Toward $5,000. Bitcoin Smashed Again

by Mish Shedlock, Mish Talk: The rising wedge in Bitcoin broke hard. Expect another bear market. Bitcoin Technical Chart Analysis Rising wedge broke sharply lower, as expected. A head-and shoulder pattern formed, with a weak right shoulder. Bitcoin is right on support now at ~75,000. The implied target of a break is ~(75,000 – (126,000 […]