BTC has been accumulating and completing the triangle pattern. Also, BTC is consolidating in a falling wedge pattern. There might be a short squeeze following 43500 to 46500 range. Then, BTC will face major resistance as it would hit 1.0 Fibbonaci level and retrace back to either 38 support or 33 support, or 29 support. Scenario one and two are shown with yellow and white drawings. Allah knows best,
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.