Bitcoin / TetherUS

$BTC/USDT ANALYSIS

242
BTC breakout the falling wedge with a high volume and its objective is coming at 25K, which is expected to hit within a couple of weeks.

The market is gathering liquidity. A retest or some bearish price action to turn people more bearish could also be a possible scenario.

There is a great amount of liquidity that is present around 25K, so that would happen within the next few waves.

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.