Hello friends, publishing an idea on Bitcoin after two weeks. My previous idea was about selling at 7300 at the Descending Trendline and Upper TL of the Rising wedge.
Fast forward two weeks and Bitcoin has already broken out of the rising wedge.
It also appears to have created a Top. So, the direction in the next few weeks will likely be downwards. I don't expect a sharp drop but a gradual decline.
It will probably correlate with the Major indices as it has been doing for the past few months.
Fast forward two weeks and Bitcoin has already broken out of the rising wedge.
It also appears to have created a Top. So, the direction in the next few weeks will likely be downwards. I don't expect a sharp drop but a gradual decline.
It will probably correlate with the Major indices as it has been doing for the past few months.
