#bitcoin #btc formed both ascending wedge and bearish RSI divergence. A deviation to 68 - 69K is expected. Hard declination from ~69K region will cause this bearish patterns to play out. If bearish patterns play out, the target will likely be the retest zone of the #btcusd breakout price.
The invalidation: If #btcusdt price breaks out above 70K region and 2 3 daily closings happen then will likely aim liquidation levels at 73 - 75K and new ATH.
Not financial advice. DYOR with your own knowledge and strategy.
The invalidation: If #btcusdt price breaks out above 70K region and 2 3 daily closings happen then will likely aim liquidation levels at 73 - 75K and new ATH.
Not financial advice. DYOR with your own knowledge and strategy.
