Name: Bitcoin Consolidating in Bearish ‘Rising Wedge’ Pattern
Uploaded: 2022-08-16T19:46:52.000Z
Duration: 1 min 16 s
Description: Bitcoin has gained 36% in two months, offering relief to the battered bulls. However, according to Crypto Twitter, the recovery has suddenly drawn the shape of a “rising wedge,” or a bearish pattern, on price charts and could be short-lived. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

CD20$2,072.201.12%BTC$77,630.110.86%ETH$2,134.740.84%XRP$1.370.87%SOL$85.881.70%

Bitcoin Consolidating in Bearish ‘Rising Wedge’ Pattern | CoinDesk Videos

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CD20$2,072.201.12%BTC$77,630.110.86%ETH$2,134.740.84%XRP$1.370.87%SOL$85.881.70%

Bitcoin Consolidating in Bearish ‘Rising Wedge’ Pattern | CoinDesk Videos