Since January of this year, Bitcoin is inside a Rising Wedge. It’s a very big Pattern with a very high Target. The Direction of the Breakout will be known latest in September. The Bullish Target is approximately 60k and the Bearish Target is 15k. Especially because of the high Interest Rate that could go even higher, a Breakdown is more probable, also the Pattern is Bearish. I will only open my Trades when we had a successful retest with Confirmation Volume. I will Update you when a Breakout has happened!
Have a nice Day!
Have a nice Day!