Rising wedge will break down and price will finally be able to retest 4800 area. this price level was never retested during the parabolic move last December. I think that once this area is tested then BTC will consolidate before finally breaking this larger falling wedge to the upside for a major trend change.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.