My best guess here is that
BTC has one more leg up before correcting itself. A rising wedge is usually indictive of a major correction but this is crypto so who knows. LOL
The last bull run had price action breaking the neckline at C. I wouldn't call a trend reversal until it does the same here.
After forming this final leg up we could see a major correction in store for $BTC.
NOT FA/DYOR
The last bull run had price action breaking the neckline at C. I wouldn't call a trend reversal until it does the same here.
After forming this final leg up we could see a major correction in store for $BTC.
NOT FA/DYOR
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.
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.