BTC held tight exactly at $39500 on the upper trend line support - drawn from the daily closes from Jan 24th - Feb 24th.
Can bitcoin reach lower to the bottom trend line of the wick lows from this same date range - coming in at approx. $36500?
If it holds at either level we have confirmed higher lows and may be in for an all time high later this year.
If...
In back testing wedges like in orange there's usually a pretty hefty upside or downside move at the end
By end of month to mid April we should know if we're going up or down ... just my 2 cents
If we continue sideways for the rest of the month this 2460-2560 range could be a good entry for short term trades
But if the red line of long term support closes below, I...
