Make or break week for Bitcoin

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This week is an important week for BTC/USD. If we can stay on the upside of 42,000 then we can continue higher but if we go below the low and retest 40k support then things could get bearish quickly. I think we will break out of this wedge considering that February is usually a bullish month for BTC, ETH, and crypto. (See previous years) Also, a temporary short squeeze could cause Bitcoin to surge to the upside and test the 47k resistance.

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تعليق

Needs to stay above this wedge by Friday close.

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