Ascending Broadening Wedge Pattern Next target 71K - 71.5K, here there are 2 options: 1. Breakout of resistance 71K - 71.5K 2. Back to 65K and breakout of trendline support #DYOR #NFA
I think this is the same as 2020 Bitcoin rally in August to December 2020 then the start of the Altcoin season.
Bitcoin retesting to the trendline resistance area which is now trendline support. I want to be different, I know it could be a Bearish Flag pattern lol .
BTC should be able to hold the 58,300 area if it manages to break through again. in the 1D timeframe I see a bullish divergence in the RSI (oversold), and the MACD is likely to crossing. Idea 1 : BTC will pump to the 62,000 - 63,000 area. Idea 2 : BTC will be sideways in the next few weeks in the 53,000 - 54.000 - 57,000 area. if it goes down and breaks the...
This is the same as in 2014-2015-2016, in 2016 there was a halving and the bad news was that Bitfinex was hacked which caused prices to fall and mass panic selling. And happen again in 2022-2023-2024, in 2024 Bitcoin Halving and a lot of bad news including the German Government and Mt.Gox selling Bitcoin and the price dropping to the $53K- GETTEX:54K area. 1st...