BITCOIN´S Descending Wedge
Crypto Alert:☄BTC is making some interesting moves!
#Bitcoin has retraced back to its 3-hour support, creating a fascinating descending wedge. The 1-hour support has been steadily squeezing resistance, and we're witnessing a price pattern that's too thrilling to ignore!
As predicted, after testing the 25K level, if 3-hour support fails, the price might be heading for a test at the 23K mark. However, with the descending wedge pattern at play, we're likely to see an upside breakout once we touch the bottom of the wedge.
Remember, descending wedges often result in bullish breakouts, so we're keeping a close watch for any possible uptrend. As always, trade wisely Happy Weekend!
#Bitcoin has retraced back to its 3-hour support, creating a fascinating descending wedge. The 1-hour support has been steadily squeezing resistance, and we're witnessing a price pattern that's too thrilling to ignore!
As predicted, after testing the 25K level, if 3-hour support fails, the price might be heading for a test at the 23K mark. However, with the descending wedge pattern at play, we're likely to see an upside breakout once we touch the bottom of the wedge.
Remember, descending wedges often result in bullish breakouts, so we're keeping a close watch for any possible uptrend. As always, trade wisely Happy Weekend!
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