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Bitcoin Bull Continuation - What Follows the Setup

A continuation crypto chart pattern is a market signal that shows the current trend is taking a pause before resuming the current and present direction of the market bitcoin crypto.

When bitcoin is going up, a pattern on the crypto chart shows the btcusd market is pausing before going up again. This pattern when bitcoin is rising is called a rising wedge, meaning the bitcoin price is getting tighter but still going up, making a shape like a rising wedge. Bitcoin traders should wait for a sign that the crypto setup is real before trading based on this pattern that says it will keep going up. When the bitcoin price breaks out and goes up, then the pattern is real, and bitcoin prices will keep going up like they were before.

When bitcoin is generally decreasing in value, a pattern on cryptocurrency charts shows that the btcusd market is briefly pausing before going back to its downward direction. This pattern, which shows a continuing decrease in bitcoin's value, is called a falling wedge: it means the bitcoin price is steadying but still going down, creating a shape like a falling wedge. Bitcoin traders should wait for a sign that the cryptocurrency pattern is complete before making a trade based on this pattern that suggests a continued drop. Once the bitcoin price breaks through to go lower, the pattern is confirmed, and bitcoin prices will likely keep moving in the same direction as the current downward trend in the cryptocurrency market.

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