Two paths for the coming weeks, above the solid red line and below it.
BTC needs to break above the rising solid red line to go in search of new ATH targets.
There is a large rising wedge between the solid red line and the dashed red line below it.
If the price gets caught in the rising wedge it will likely break to the downside.
Breaking below the red dashed line at any point is bearish.
BTC needs to break above the rising solid red line to go in search of new ATH targets.
There is a large rising wedge between the solid red line and the dashed red line below it.
If the price gets caught in the rising wedge it will likely break to the downside.
Breaking below the red dashed line at any point is bearish.
Note
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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.