BItcoin Technical Analysis
#BTC Technical Analysis
A very clear image after a long time, btc is forming a rising wedge pattern that is a bearish indication, the uptrend party looks over now,
Those who want to enter in btc short it is the best price,
Now according to the T.a it will definitely go below 35k, the new higher low for the year 2024 could be between the price of 28-32 or may be below it, i don't mean that it will just fall to the his price it will take time.
Those who are actual traders they know that #bitcoin is not going make any new ath, it is a possiblity that it can go to 48k or 52k, but not higher than this.
The blue arrow i have made it is not mean that it will just fall to the support it means that if got rejected from the upper trend line then the continuation will be in downtrend,
Bitcoin will trade between this two triangle for few months,
I have been right and wrong multiple times, so #dyor
#beyoglu
A very clear image after a long time, btc is forming a rising wedge pattern that is a bearish indication, the uptrend party looks over now,
Those who want to enter in btc short it is the best price,
Now according to the T.a it will definitely go below 35k, the new higher low for the year 2024 could be between the price of 28-32 or may be below it, i don't mean that it will just fall to the his price it will take time.
Those who are actual traders they know that #bitcoin is not going make any new ath, it is a possiblity that it can go to 48k or 52k, but not higher than this.
The blue arrow i have made it is not mean that it will just fall to the support it means that if got rejected from the upper trend line then the continuation will be in downtrend,
Bitcoin will trade between this two triangle for few months,
I have been right and wrong multiple times, so #dyor
#beyoglu
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