BitcoinLong
BTC/USD 4ht chart
In a short time-frame, BTC has formed a bullish falling wedge as the price bounced between support and resistance in a downward trend. This has all occurred within a large descending triangle.
Considering the pattern, the target price should be at around $10800, however, taking into account a major resistance line from the descending triangle, it is reasonable to estimate a price that does not exceed $10650.
Considering the pattern, the target price should be at around $10800, however, taking into account a major resistance line from the descending triangle, it is reasonable to estimate a price that does not exceed $10650.
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