The price for BTCUSD is clearly still in a strong uptrend.
However, we need to take note of the
bearish rising wedge pattern.
$50000 is a level of decent support. followed by $45000.
We want to see the price closing below the
pattern as the confirmation for more downside.
If not the price can still bounce at the support level!
However, we need to take note of the
bearish rising wedge pattern.
$50000 is a level of decent support. followed by $45000.
We want to see the price closing below the
pattern as the confirmation for more downside.
If not the price can still bounce at the support level!