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Jake Wujastyk: Bitcoin trading in bull flag with volume gap above

Jake Wujastyk: Bitcoin trading in bull flag with volume gap above
Bitcoin trades in bull flag pattern

Jake Wujastyk, founder and CEO at TrendSpider, discusses the current setup for Bitcoin. He highlights the appearance of a bull flag formation and notes a significant volume gap above current price levels, with upcoming events such as the Clarity Act and FOMC meeting this week seen as potential catalysts.

Wujastyk has previously commented on increased trading activity in major equities, noting substantial short-term flow in AAPL shares. He also identified a possible breakout in the weekly technical setup for AMZN and GOOGL. These observations align with his focus on technical formations and trading patterns across asset classes.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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