Bitcoin / Tether

bitcoin bearish or bullish ?

120
1H TIMEFRAME :
BTCUSDT

As you can see in the chart, we have a descending wedge.
Basically, the descending wedge breaks from the ceiling. If we succeed from the ceiling, we can expect the market to be a bit balanced. It is too early to take a bullish view.

we Can Pullback to Breakout Event . But we must also consider the sales pressure that may cause us to continue to decline

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