Critical time for BTC to define the pattern
Updated
“This content is not a financial advice or a buy/sell signal”. The blue ascending triangle is the critical point determining whether the price remains trapped in the falling wedge if it breaks down or it will continue the rising wedge (dashed line) if it could break toward up.
Note
The price broke the ascending triangle toward up and as predicted after rejection we observe a pullback (red dashed line). Still, the rising wedge is valid unless the price break the support line (lower black dashed line). If it breaks through and the break gets confirmed then we will see 28k again.
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