Bitcoin / TetherUS

Short

BTC Bearish Pattern (Short Signal)

Hi!
I just saw this rising wedge playing out. If this pattern plays out it could reach all the way down to 0.5 fib level (49.7K) and the bottom of the wedge (46.7K).

If we broke above 52.9K this analysis fails.

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Also on:

Related publications

Will BTC Be Rejected From Here?

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.