Bitcoin | Broadening Wedge Formation & New ATH..!!

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
#BTC (update)

In 4H Timeframe, Bitcoin Has been Forming Broadening Wedge Pattern And At the Moment, Bitcoin Moving around 20k Psychological Resistance Area .

If Bitcoin Got Rejected by the 20k Resistance & then According to Broadening WEDGE Pattern, Bitcoin Might test the 16.2k Area (Major Support)

In Bullish Case, If Wedge Broken upside then above that it's clear sky..

In My Point Of View, If You're Still Holding Bitcoin then You Can Book Some Profit at Here & If You're Looking for Mid/Longterm ENTRY then Wait for Correction.

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Faibik Protixder
@Protixder, Thank for Sharing your Awesome idea Here
Nice to see.
Faibik Protixder
@Protixder, Thank You
I don't think that we reached the support area yet. Isn't?
Faibik decimalBoa50339
@decimalBoa50339 yes, in case of another higher high or Upside breakout, Bitcoin might test the 24k Area
@Faibik, it's a perfect analysis BTW, let's wait and see hopefully it touches the same number of support area.
Nice analysis, how about lower resistance?! what do u think about 14.4k or 15.2k?
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