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Deciding

make or break scenario for btc.btc has been trading in a falling wedge pattern since 69000, and now its on a deciding move that whether it breaks its super brearish trend or test the downside of the falling wedge and the downside of mega uptrend. which is at 9k to 12k levels. what do you guys think where will it break long or short? im 60% bearish and 40% bullish on this.
by mobeenk966
33
Bitcoin's in an Important RangeBitcoin is currently sitting tight and within a new range after the big upward move the other day. It's a big range between $7700 and $9800 but a breakout on either side of this would represent a massive move! A down turn would indicate the price of BTC going from $7700 all the way down to $5500 before hitting more strong resistance. An upward move would indicate the price shooting straight up to $12,000 or more! That would be the start of the Bull run 2020 - we all know it's coming, nobody knows when!
KRAKEN:BTCUSD
by theCrypster

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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