EminenceGrise

BTCUSDT: Rising Wedge.

Largo
BINANCE:BTCUSDT   Bitcoin / TetherUS
Good afternoon, dear traders! The previous drop ended at $ 6150. Before reaching the support level of $ 5800 ...

Now they continue to invest big money in the economy. Everyone is waiting for Bitcoin halving. Many traders rely on closing (gaps). All this pushes the price of the Asset up. I think that we have every chance to see Bitcoin at $ 7500 - $ 7600. But this is all a kind of trap. I am still sure that a second bottom awaits us. After accumulation in which we will go up for the present ...

Now I noticed a pattern (Rising Wedge) on the chart. And he depicted his vision of the situation in the near future. It will be interesting to see how it works.

If you like my ideas please hit the like button. I'll be very happy.
Thanks for your support. Have a good day and may the profit be with you!
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