CryptoCafeClub

BTC/USDT forming a rising wedge pattern

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BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC looking bullish and forming High highs and High lows in 4H and 1H charts. BTC tried to break the 50k resistance multiple time and just below 50k and moving in an uptrend. We could see it breaks the 50k and then break out to 54k. If BTC breaks downwards we could see a bounce back at 48k (usually we have seen bearish breakouts with rising wedges so be cautious)

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