BTC/USD looks to drop after multiple failed attempts of conquering the ATH resistance.
Bearish Indications:
If we see a break in the rising wedge, we can expect to see a drag down to the 17,500 - 16,000 area. (Support/Accumulation Zone)
Closure above 20,000 (coin base ATH) will lead BTC to go into a bull market.
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Bearish Indications:
- Rising Wedge
- Double Top (1HR)
- MACD Bearish Crossing
- Sell Volume
If we see a break in the rising wedge, we can expect to see a drag down to the 17,500 - 16,000 area. (Support/Accumulation Zone)
Closure above 20,000 (coin base ATH) will lead BTC to go into a bull market.
❤️❤️Thanks for your support, please like and share if you like this idea ❤️❤️
Access Full Trade & BitMex Trading Bot
👇👇
