Bitcoin (btcusdt) → Two Key Scenarios After Wedge Breakout
hello guys.
Bitcoin has broken out of a descending wedge, signaling potential bullish momentum. The price is hovering near the $66,500-$67,000 resistance, with two possible scenarios:
Scenario 1: Immediate Breakout
Scenario 2: Pullback Before Rally
Both scenarios are bullish, with the primary difference being whether Bitcoin rallies immediately or after a corrective dip.
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Bitcoin has broken out of a descending wedge, signaling potential bullish momentum. The price is hovering near the $66,500-$67,000 resistance, with two possible scenarios:
Scenario 1: Immediate Breakout
- Target: $75,000-$76,000
- Path: A clean break above $67,000 could trigger a strong rally toward the $75,000-$76,000 zone, continuing the bullish momentum from the wedge breakout.
Scenario 2: Pullback Before Rally
- Target: $58,000 (correction) → $75,000 (rebound)
- Path: If Bitcoin fails to break $67,000, a pullback to $58,000 is likely. This could act as a support base, after which a rebound might drive the price back toward the $75,000 target.
Both scenarios are bullish, with the primary difference being whether Bitcoin rallies immediately or after a corrective dip.
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Note
scenario 2 is running
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