BTC f⁻¹ 2W 20MA
Rejection
Few bars above and resumption once CME ease next month
Chop w Golden ratio support 350DMA at $50k
Rekt...for a while in sync with macro
Resistance unlikely to break by the first attempt, considering the lengthening of cycles it will take a 2 or 3 attempts to break... The rising wedge also seems like a strong one, hinting at a lower target that can either hold up to 4440 Support (previous resistance) or sell off below that in a slow manner (over a month or more)....