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Barchart
Barchart Insights

Do We Have Permission to Buy Bitcoin Yet? Our Top Chart Strategist Maps Out the Path to $141,685

A rare pattern just appeared on Bitcoin’s (BTCUSD) weekly chart—and according to Barchart Senior Market Strategist John Rowland, CMT, it’s one he has traded professionally for decades.

It’s called the three-candle drop (3CD), sometimes referred to as the “3-candle crash” or the  “picture of a crash.” But here’s the twist:

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