Cryptplosive

BTC Bullish formation, Descending wedge

BINANCE:BTCUSDT   Bitcoin / TetherUS
Dear all,

We can see BTC is starting to form a descending wedge to retest the 23.60% from the last swing.
In my opinion, it will retest 41k at that 23.60% level in the short term and it will hit the next Fib level at 38.20%. This will bring a mark price of 47k by the next few days.

It will all depend on good news coming up, since the intentional current climate is not at its top atm.

BTC is performing according to my previous publications.
Time will tell if it will continue performing accordingly.

Appreciate the hard work and press like.

Happy trading,

Raf

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