CoreCrypto1

BTC LTF UPDATE! $50K OR $43K?

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello everyone, if you like the idea, do not forget to support with a like and follow.

Welcome to this BTC/USDT update. BTC looks fine in LTF.

BTC is making a broadening wedge structure in 1hr time frame. Currently, it is trading at $45,900 and holding the support of $45,500 well so far. I'm expecting a good bounce from here.

BTC has a resistance at $47k. Once it breaks as well as this broadening wedge then we are ready to go $50k

If BTC looses $45,500 support then next support for BTC is at $44k and at $43k

I'm expecting a big move incoming soon. Let's send it to $50k

What do you think guys?
Do you think $50k is incoming or we have to see more correction?
Share your views in the comment section.

If you like this idea then do support it with like and follow.

Thank You!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.