BTC has hit the side of the wedge, but there is still a missing drop which ends close to the 5800 area.
So BTC will have to bounce at around that area or its a fall down lower.
I suspect this is a bear trap as the wedge is ending and there may be only one more week of downtime left.
BTC also shows it can move up higher to the 8k area, So the test now will be to see if BTC can recover at the 5800 area.
So BTC will have to bounce at around that area or its a fall down lower.
I suspect this is a bear trap as the wedge is ending and there may be only one more week of downtime left.
BTC also shows it can move up higher to the 8k area, So the test now will be to see if BTC can recover at the 5800 area.
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Alternate path
