BTC potential falling wedge
We will most likely see high 7k before BTC attempts to puncture upwards.
We can see from the BB there is a large amount of volatility currently and a drastic price movement in either direction is plausible at this point.
Based on previous fractals w/ BTC I expect it to bounce off log diagonal support.
We will most likely see high 7k before BTC attempts to puncture upwards.
We can see from the BB there is a large amount of volatility currently and a drastic price movement in either direction is plausible at this point.
Based on previous fractals w/ BTC I expect it to bounce off log diagonal support.
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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.