Bitcoin is trading in a rising wedge pattern on the 1W timeframe.
The main trend is still upward.
But after each growth, there is either a correction or a trend reversal.
Also, the RSI indicator showed bearish divergence (this is the first serious reversal signal).
There is an unfilled GEP in the CME in the range 9645-9925
Briefly about the situation, now I'm waiting for a decline to the level of support that I will indicate on the chart)
The main trend is still upward.
But after each growth, there is either a correction or a trend reversal.
Also, the RSI indicator showed bearish divergence (this is the first serious reversal signal).
There is an unfilled GEP in the CME in the range 9645-9925
Briefly about the situation, now I'm waiting for a decline to the level of support that I will indicate on the chart)
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