Possible two scenarios for BTC
First scenario
BTC start to fall from current levels, forming a descending wedge (bullish pattern) with buy zone around 12K - 11K ,where from there we will expect bull run to new ATH.
The previous two bull run started after a falling wedge pattern ;
First one
Second one
Second scenario
If price will manage to close above 20K I expect BTC to keep sky rocketing
First scenario
BTC start to fall from current levels, forming a descending wedge (bullish pattern) with buy zone around 12K - 11K ,where from there we will expect bull run to new ATH.
The previous two bull run started after a falling wedge pattern ;
First one
Second one
Second scenario
If price will manage to close above 20K I expect BTC to keep sky rocketing
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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.
Related publications
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.