BTC outlook for 29 March 2022.

٢٩ مارس ٢٠٢٢

After making a breakout from the wedge, BTC has retraced and is now following my previous resistance trend line now turned support. I would like to see BTC follow this supportive trend line and break above 48k to move back towards the next major resistance level around 50k. If BTC closes back below support around 46,6k then I expect it to move back into the wedge and this recent push would have been a fake out.