$BTC Bitcoin's Broadening Wedge...
BTC price action is printing a broadening Wedge!After Bitcoin hit a low of around the 48.9k region after it massively rejected the 60.5k area!
Current price: 59,350
if price action is able to reclaim and close above the prime area of 60.5k then expect #btc to journey back to 72k. Also Expect #altcoin Explosion when this happens.
Up Resistances from current Price: 60.5k, 62.4k, 64.3k, 67k, 69.8k, 71.5k
Else bitcoin will continue to reject 60.5k and retest supports: 57.5k, 54.5k, 52.2k
However this is a more optimistic call than pessimistic as market emotion is in extreme fear!
Not
price action has hit 60500 and has remained above! I'm bullish!!! #altseasonNot
My optimism was wrong.
Bitcoin though still respecting the broadening wedge...
Rejected 60.5 and found a Bottom around 52K. Spot on Support!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.