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YMGroup
Jul 2, 2022 4:07 PM

BITCOIN AND FALLING WEDGE PATTERN, PRICE CAN BACK TO 22-23k$ Long

Bitcoin / United States DollarCoinbase

Description

Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start.

Today I want talk with you about BTC chart.

For now price trades inside falling wedge pattern.

As you know falling wedge is bullish pattern which can push price higher.

Decline to down part od wedge around 18500 is still possible.

But anyway I expect exit upward from wedge followed by growth.

Two main targets is 21700$ and 23000$

So, I'm waiting for this scenario.

This is my opinion, I really hope this will be useful for you.

Be ready and take care your money. Have a great profit !
Comments
Ernest1244
Bitcoin is going down to $2,800 soon…Bitcoin is bearish from now hence
Gunslinger2005
@Ernest1244, lol ok rookie. soon is much later than,you think
Vibranium_Capital
@Gunslinger2005, says guy with no postings
ExecutorEA
@Vibranium_Capital, its no matter who talking about btc crash , btc is very powerful and again will be go moon
.
nevillevj
🤣 The opposite side of the $100,000 by the end of the year gang, 6 months ago.
vgb6483
@Ernest1244, BTC isn't going anywhere near your grizzly bear outlook.
willgart
putting random lines like this to create a story to try to confirm your dream is not an analysis.
what if you are using the june 18 bottom?
this changes everything.

and in your idea, what if the bottom is broken?
illuminating_trade
grahamaus
I don't see BTC decline coming to a halt until it hits around USD12k, check support at March 2018, July and August 2019 and August 2020. There is no other support guideline since falling below USD30k
albert770
the market is bearish now.why you think it will change direction?
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