Bitcoin Tests Wedge Top While Ravencoin Soars - Crypto Briefing
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The move appears to be technically driven as the BTC/USD pair tested the top of the much-discussed falling wedge pattern on the daily time frame. Trading sentiment has improved somewhat since this morning as Bitcoin SV and Binance Coin are both posting gains of 1.5 percent respectively.
Ravencoin is the top performing crypto inside the top 50 by market capitalization, with the RVN/USD pair gaining over ten percent to reach its highest level since November 14th. The recent spike higher has not yet changed the technical landscape for the BTC/USD pair as price remains trapped inside the large wedge pattern.
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