The chart is showing BTC broke out of the rising wedge where the price target will be 47k. To invalidate, BTC must close its current 4 hourly candle inside the rising wedge.
Did not realize thats how you invalidate the structure. Sounds like the larger rising ascending triangle is still in play too with 43K in the cards
CryptoSpaceMy
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@rishtheswish, Hi this is a short term prediction, 43k is also in my long term prediction based on Elliot Wave Theory where you can refer to in my previous post, thanks.