Bitcoin has been seeing some strong declines over the past week. During this time, a classic falling wedge has been formed. Falling wedges are bullish patterns. This is therefore a bullish potential trade on BTC . There is also a divergence in RSI (RD+), which is another sign of an uptrend On the chart I’ve marked two potential areas of resistance, r1 & r2. ...
Breakout upward or Breaking down will help to forecast the next targets ... Breakout up target = 46k Breaking down target = 26k
The 549-day USDT Dominance Trend Support Line was broken. This is confirmed by the increase in trading volume as well as the RSI and AROON indicators Important confirmation of Bitcoin price rise
If the resistance level of 255 breaks, the price can rise up to 320 (20%) level 270 >> 287 >> 320