We saw BTC dropped to below $38200 In the 29 april that cause was heavy bleeding US stock market and that impacted on both BTC and ALTs.
For now the BTC after falling is Formed a Wedge Pattern and if it could break up our resistance line could slightly increase bulls confidence and i expected price will start move upward to above 40k just like red arrow , and but
If it couldn't that and price move below Support Wedge, the bears will increase sell pressure and we can see further bearish move to below 35k.
Finally , We have to wait for the markets to start on Monday and the stock market trend will have a huge impact on the digital currency market this week.
Happy trading 🌹
My free account ; Traderb58
For now the BTC after falling is Formed a Wedge Pattern and if it could break up our resistance line could slightly increase bulls confidence and i expected price will start move upward to above 40k just like red arrow , and but
If it couldn't that and price move below Support Wedge, the bears will increase sell pressure and we can see further bearish move to below 35k.
Finally , We have to wait for the markets to start on Monday and the stock market trend will have a huge impact on the digital currency market this week.
Happy trading 🌹
My free account ; Traderb58
