Cryptolover333

Falling Wedge most likely scenario

COINBASE:BTCUSD   比特幣
Bitcoin seems to be forming a new Falling wedge as I mentioned last week in my previous idea and I still think it could still be forming this pattern and after maybe hitting the yellow support line of the ascending broadening wedge we could see a breakout to the upside and the next pump for bitcoin after that, so do not panic, I don't think bitcoin could hit a new bottom, in the weekly chart Bitcoin is creating higher highs and it could be now creating a new higher low, so my most likely scenario to play out here it could be this Falling wedge formation pattern, but if not there is a strong support line also of the ascending broadening wedge so fingers crossed and good luck!

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