BTCUSDT: Small Correction Possible Before Uptrend
BTCUSDT(Day Chart) Technical analysis update
BTC's price has been trading within a broadening wedge pattern for the last 160 days. Recently, it bounced off the wedge's support and is now trading at the
59K level. We can expect a small correction before the next upward move, with the price possibly touching the 55K level before resuming a bullish trend.
Regards
Hexa
BTC's price has been trading within a broadening wedge pattern for the last 160 days. Recently, it bounced off the wedge's support and is now trading at the
59K level. We can expect a small correction before the next upward move, with the price possibly touching the 55K level before resuming a bullish trend.Regards
Hexa
Comment
BTC price reached 64.9k.Comment
BTC price is moving towards the broadening wedge resistance line for a potential breakout.
Once the breakout occurs, we could see a strong bullish move towards 100K.
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