BTC/USD daily chart
shows us two almost identical falling wedges
. The one we are in right now is a smaller version of what we saw in 2018. Following this pattern, there is a high possibility that the price will keep moving sideways until mid-November, before breaking out to the upside to reach $11700 target. This also aligns with the Golden Pocket on a Fibonacci Retracement
level between 61.8 and 65%.