CAN BTC BREAK 39.5k LEVEL

8 mar 2022

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#BTC is still under this falling wedge pattern, yesterday BTC make 39547k high but it got rejected from there.
currently, it is facing the upper resistance of this falling wedge pattern.

Here we have two scenarios.

First scenario: BTC has $37 - $37.5 as a strong support level so so we can expect a Bounce from here.

Second scenario: If BTC will not able to hold the $37 - $37.5 level support then it can drop up to $34.5 level or we have some local support around 36500 level.

Let's see how the market reacts a few hours.

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8 mar 2022

Nota

BTC UPDATE: BTC break out this falling wedge pattern now, it will pump up to 39500k level.
let's see it can break this level or not.