Looking at BTCUSDT market pair In Daily timeframe Chart, Bitcoin is Still Moving inside the Falling Wedge & Above the Major Horizontal Support $30000
RSI has Also been Moving Below the Trendline
If Bitcoin Remains Above the $30000 Horizontal Support, it signals a lot of strength for bitcoin
In Worst Case, If Daily Candle Closed Below the $30000 Horizontal Support Area, Next Stop would be $20000 region
Trade closed: target reached
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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.