Bitcoin has entered a Rising Wedge in the daily chart. It can be a good buying opportunity if approved and supported on the specified floor.
But in case of losing the specified support, Bitcoin can see prices below $ 35,000.
This is a personal analysis and idea and has an educational aspect and is not a buy signal.
Remember that the greatest analysts around the world have no certainty in their analysis and have always emphasized this point.
Please share your comments with me.
But in case of losing the specified support, Bitcoin can see prices below $ 35,000.
This is a personal analysis and idea and has an educational aspect and is not a buy signal.
Remember that the greatest analysts around the world have no certainty in their analysis and have always emphasized this point.
Please share your comments with me.
Comment:
According to a previous analysis, Bitcoin is currently well supported on the channel floor (yellow line). In case of loss of this support the previous analysis is valid.
It can bring the price back strongly.