2 scenarios, expect some small upwards movement
After that:
1: it breaks rising wedge going to the 8000+ range
2: (more likely) falling down the rising wedge to test 7100 range again.
If BTC holds the 7100 again --> very Bullish.
After that:
1: it breaks rising wedge going to the 8000+ range
2: (more likely) falling down the rising wedge to test 7100 range again.
If BTC holds the 7100 again --> very Bullish.
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Disclaimer
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.