Triangle with bearish implications

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Techonomic Trading Strategies does not trade Bitcoin. However, this chart just jumped out us and thought it was worth posting. With President Biden expected to sign an executive order on cryptocurrency this week could have negative (bearish) volatility. Trade with caution.
Note
10% move on the back of Janet Yellen revealing plans for the Crypto. Biden to speak latter.
Beyond Technical AnalysisFundamental AnalysisTrend Analysis

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