BTCUSD currently in a rising wedge pattern. A breakout to the top with successful retest would see prices meet the around 80k fibonacci level. A breakdown with a retest of the rising wedge could spell a bear target of 43k.
Fundamentally, we are still in a bull market and previous bearish breakouts have not met its bear targets (most of the time) whereas bull targets are mostly met.
Stay strong, HODL and trade only what you are willing to lose.
Fundamentally, we are still in a bull market and previous bearish breakouts have not met its bear targets (most of the time) whereas bull targets are mostly met.
Stay strong, HODL and trade only what you are willing to lose.