This can be a double top or BTC can find support (blue line) and break through this wedge to new highs. Going to be a fun fight between the bulls and the bears next month. If it breaks down, I can see it dropping down to 48K-49K as the next major support. Might take another 4 weeks to play out.
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.