We are in a bearish broadening ascending wedge, if it doesn't hold 60k, the next target is the 48k-52k range and from there we can aim for a retest of the previous all-time high.
With recent meme stocks mania, people are losing interest in crypto. the other fuel for the drop is the bearish economic state and no interest rate cut, I think it's very probable that we go down soon
With recent meme stocks mania, people are losing interest in crypto. the other fuel for the drop is the bearish economic state and no interest rate cut, I think it's very probable that we go down soon
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for now, Ichimoku lines show that we are stuck between the 59k-64k range, no direction unless we are out of this range just more boring sideway .
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idea invalidated seems the trendline holding the price strong, lets see what will happen at 67k