In this video we discuss the Bitcoin forecast as we finish out the rest of the year (Crypto Spring). We are keeping an eye on the triangular area between the Maximum Halving High Pressure Zone and the Future Halving Price Line and the potential that bitcoin could meet significant downwards pressure in this area. Also, we're looking at the 365 Day Moving Average,...
In this video we examine the bitcoin price action after reaching category 1 in a Bull Market. We are currently at category 4 and have been holding the category 1 price line at 26,976 USD since March 18th. We are still expecting more upwards movement towards the future halving price in the very near future.
BTC/1H `at the bottom of rising broadening wedge Forming another pennant `
After Pumping into 23.9 yesterday btc gets rejected at a local support and starts to bleed and touches the bottom of the rising broadening wedge
The Rejection was heavier than the pump and price endedup consolidating near the bottom of the wedge indicating we might exit it again
Also...
![BTCUSD: We'll See What Happens Next! [Short-Term Forecast]](https://s3.tradingview.com/m/m2mswM2J_mid.png "We'll See What Happens Next! [Short-Term Forecast]")
