Right Angled Descending Broadening Wedge #BTC #BTCUSD #DYOR
Updated my previous analysis. I am not an expert, this is just a prediction. I hope it really plays out...
But I want to warn you, the price can still go as low as 10k. this chart shows only the closing price of each week. This means that, this week or the following weeks, we will close above 14k but this doesnt mean that we cannot go lower than 14k, during the week before the weekly close. If we close below the broadening wedge's trendline, then this analysis will no longer be valid.
But I want to warn you, the price can still go as low as 10k. this chart shows only the closing price of each week. This means that, this week or the following weeks, we will close above 14k but this doesnt mean that we cannot go lower than 14k, during the week before the weekly close. If we close below the broadening wedge's trendline, then this analysis will no longer be valid.