The price action is bearish at the moment but not for long since it is trapped in a falling wedge. A falling wedge is a bullish reversal pattern.
The best place to buy is in between the blue and green historical supports. Demand is very high in this area! A Bitcoin icon marks the buy zone.
The price may fall below the falling wedge which is normal.
Also, we may see a double bottom at 75,000 sats. However, I personally think that the price will reverse to the upside prior to that price level.
I expect a violent wave 3 to follow once we hit the bottom.
The best place to buy is in between the blue and green historical supports. Demand is very high in this area! A Bitcoin icon marks the buy zone.
The price may fall below the falling wedge which is normal.
Also, we may see a double bottom at 75,000 sats. However, I personally think that the price will reverse to the upside prior to that price level.
I expect a violent wave 3 to follow once we hit the bottom.