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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
As per my previous BTC chart, as I mentioned that BTC will break this falling wedge pattern and then it will bounce up to 41.5K level
Currently, it is facing 41.5k level resistance.
Here we have two scenarios.
First scenario: for bullish momentum BTC needs to break and close the 4-hour candle above 41.5 k resistance level.
Second scenario: If BTC I will not able to break the 41.5 K label then the chart will become invalid but we have 50ma or 100ma as local support.
Let's see how the market reacts a few hours.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
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