markofswe

Rising Wedge on Daily BTC Chart

BITSTAMP:BTCUSD   Bitcoin
Rising wedge forming on the Daily on BTC...

The top of the wedge is around 64-65k and if it would reach that and then drop, then we could potentially drop to start of the wedge at rectangle box with targets at 43-45k where there also is strong demand.

Let see how this plays out...

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.