Bitcoin possibly back to 40K?
Bitcoin has formed a descending expanding wedge, which is a bullish signal. Since the formation, Bitcoin has made a false breakout down below support, which is certainly necessary for a bull run to complete the pattern. Now that the resistance line has been broken, in case Bitcoin goes above 39300, it should easily come back to 40000.
(Yet another opinion, not an advice!)
(Yet another opinion, not an advice!)
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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.