Friends, there is HUGE ascending wedge formed in the 1D interval. We see clustering price action around the range high resistance of 71k-72k. Additionally, btc has filled the Daily CME Gaps from 64k & 62k, but this may be tested again, which is not uncommon. BUT! 62k should be the bottom with the scending wedge growing narrower which should lead to an upward price breakout.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.