Skyfall Mode Activated on BTC.D! Altseason Imminent? Hello Traders ๐บ
As you can see on the chart, BTC.D is forming a rising wedge pattern on the daily timeframe. ๐ If youโve already read my last idea on BTC.D, you probably know that the weekly chart also looks extremely bearish. Considering this pattern, along with the massive bearish divergence on the weekly timeframe, we could be on the verge of a major dropโpossibly marking the start of Altcoin Season 2025! ๐๐ฅ
๐ Price Target
The price target of this rising wedge pattern is the bottom of the wedge, which suggests at least a 10% drop in BTC.D. And you know how it goesโif BTC.D drops 10%, we could easily see a 100% pump in Altcoin prices! ๐ฅ Make sure to keep your eyes on the chart and donโt miss the train! ๐๐ธ
In my humble opinion, if BTC.D fulfills the wedgeโs target, it will also result in a breakdown from a crucial long-term support levelโpotentially triggering even more downward momentum. ๐๐ฅ
and always remember :
๐บ Discipline is rarely enjoyable, but almost always profitable. ๐บ
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