BTC - Rising Wedge Breakout?
Updated
We are currently in a classic Bitcoin setup
In traditional markets this poses as a bearish pattern - uptrend losing steam
However, past performance in Bitcoin hints at further upside
- Macro trend still in bull territory
- Rising wedge coiling up for an explosive move
- Short squeeze at psychological 50 k region
Nothing is guaranteed, so it's best wait until confirmation
Good Luck to All!
In traditional markets this poses as a bearish pattern - uptrend losing steam
However, past performance in Bitcoin hints at further upside
- Macro trend still in bull territory
- Rising wedge coiling up for an explosive move
- Short squeeze at psychological 50 k region
Nothing is guaranteed, so it's best wait until confirmation
Good Luck to All!
Note
Breakout confirmed!
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