BTC - Another Bullish Wave?
BTC reached the top at 73770 on March 14th and in 6 days the price reached 60.7K.
The price decreased by nearly 17.50% in 6 days which was a big movement.
It looks like the price found buyers support near 60.7K.
Today we have a bullish wedge pattern that is showing a possible bullish movement.
however, we must be careful as BTC invalidated the previous bullish pattern created the previous week. So we can also face the same situation. It is not a clear moment as it keeps developing more before any clear direction.
You may find more details on the chart.
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
BTC reached the top at 73770 on March 14th and in 6 days the price reached 60.7K.
The price decreased by nearly 17.50% in 6 days which was a big movement.
It looks like the price found buyers support near 60.7K.
Today we have a bullish wedge pattern that is showing a possible bullish movement.
however, we must be careful as BTC invalidated the previous bullish pattern created the previous week. So we can also face the same situation. It is not a clear moment as it keeps developing more before any clear direction.
You may find more details on the chart.
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Trade closed: target reached:
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bit.ly/49VySJF