Thoughts on Bitcoin's likely direction (down then up)

9 Ara 2021

Looking at Bitcoin currently, we can see a local ascending broadening wedge after that recent downswing. This is pointing to some further downside to complete a likely falling wedge on the 12hr chart.
Likely scenario we see play out is downside to test ~43.5k then start a rally around Christmas'-NewYears towards 68k to try and set a new ATH

See previous Ideas posted on Bitcoin for further thoughts & breakdowns on BTC & it's future PA.

Likely 10% down followed by a slow 50+% move, will update as PA is available.

ETHUSD ETHUSD ETHUSD ETHBTC ETHBTC BTCUSD BTCUSD BTCUSD BTCUSD BTCUSDT BTCUSDT

22 Ara 2021

Not

We have a breakout!

21 Oca 2022

Not

Be careful, the previous idea I posted has broken down