BTC UPDATE! THE LAST SWEEP BEFORE THE BULL RUN!!

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Welcome to this BTC/USD update. First of all do not panic guys. This was expecting and I told you many times in my previous updates that we might see a last sweep to $38k-$39k

So now what?

As you see in the chart BTC is trading inside a falling wedge channel in daily timeframe. And currently testing the lower trendline of this falling wedge. So I'm expecting a good bounce from here.

We might see some wick to the $37k for creating more panic in the market but don't panic until and unless BTC daily close below $38k. We must need a close above $38k and I think it happens.

As of now I would recommend not to open any new positions now. First let's settle the bitcoin then we will look into some altcoins.

Invalidation Level:- Daily close below $38k

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