BTC Outlook

Btc is still in a fairly large falling wedge pattern, so if I'm still waiting for BTC to breakout first from this pattern with a large volume. And if we zoom in again in this falling wedge pattern there is a descending triangle pattern, but this pattern also does not show a breakout or breakdown. My view, if BTC can survive above 45k BTC will move bullish, but if BTC below 42.8k BTC will move bearish, especially if BTC below 40.7k BTC will move more bearish.

But keep in mind, as long as BTC does not break down from its bullish pattern (falling wedge) then BTC is still safe. The larger the pattern formed, the more valid the pattern.