Bitcoin is now trying to break the rising wedge. What does history show?
In 2019, Bitcoin broke the same rising wedge, followed by a 260% rise. Despite being a bearish pattern, Bitcoin reached $14,000.
If you use this fractal for 2022, the target for this movement is around $160,000.
Do you think this global target is realistic? Let's discuss it in the comments!
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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade