BTC has slowly been pulling back in a falling wedge pattern.
It recently broke out, but didnt break overhead resistens at first try.
A retest of the pattern is a possiblility, but theres some bearish ideas present here.
For BTC to stay bullish, it has to bounce off the wedge.
then a move above 63646 to break resistens...
Bearish idea would be is BTC broke back into the pattern or if the retest gets rejected at overhead resistens and fails to put in a higher high.
It recently broke out, but didnt break overhead resistens at first try.
A retest of the pattern is a possiblility, but theres some bearish ideas present here.
For BTC to stay bullish, it has to bounce off the wedge.
then a move above 63646 to break resistens...
Bearish idea would be is BTC broke back into the pattern or if the retest gets rejected at overhead resistens and fails to put in a higher high.
