TradingView
MPH_
Jul 5, 2021 1:31 AM

$BTC direction here will define the next month. 

Bitcoin / TetherUSBinance

Description

BTC will break either north or south from this wedge pattern and this will define the next month, most likely. Higher means the next month is more likely to be bullish and lower would certainly be more indicative of bearish. Even if higher is the direction, there are many levels left to test and I believe that we could have a run and then come back down. Lower, we would move to 20k most likely. Either scenario still has 20k in the realm of possibilities but whichever way this wedge breaks will likely be the general direction for the next few weeks, I would imagine. Many of the indicators are pointing lower as well, although that is also because that is the current direction headed in the wedge. It seems lower makes the most sense, but anything at all is possible. Be sure to like and follow for more that is coming in the future.
Comments
UnknownUnicorn14679555
10 billions buy limit 20k on binance alone, market maker is about make the move
MartyBoots
Bitcoin Digital Gold Vs Gold = Bullish
MPH_
@MartyBoots, nice comparison. i could very very easily see that play out. that is actually what I am anticipating.
MartyBoots
Great idea
More