Bitcoin is currently sitting above 200EMA level.
We are in a rising wedge which is a bearish pattern, but on chain data shows other wise.
Large outflows indicating institutional & whale purchasing.
We have been in consolidation phase for almost 1 month now after the dump from 64,000
Its a matter of time now we can see the next leg up and see a breakout from this consolidation phase.
We are in a rising wedge which is a bearish pattern, but on chain data shows other wise.
Large outflows indicating institutional & whale purchasing.
We have been in consolidation phase for almost 1 month now after the dump from 64,000
Its a matter of time now we can see the next leg up and see a breakout from this consolidation phase.
