1/3/2024 0 Comments Bitcoin descending wedge![]() Furthermore, the buyers took advantage of the lack of bearish commitment and surged the LINK price back inside the wedge pattern. The LINK price reached a low of $5.64, but sellers couldn’t follow through with the bearish breakout resulting in a minor consolidation just below the breached support. Though the pattern usually gives a bullish breakout, the recent bloodbath in May triggered a decisive fallout.
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