Two bearish scenarios for BTC
BTC is sitting in a falling wedge and sell pressure is not helping, therefore I think we will see a dip into the high 30k region before breaking out in a week or two.
Scenario A- We get rejected at resistance around 43600 and see a fast dip to 38k in the next 24 hours.
Scenario B- We break resistance and pump a bit to 44300 before coming down around Friday.
Scenario A- We get rejected at resistance around 43600 and see a fast dip to 38k in the next 24 hours.
Scenario B- We break resistance and pump a bit to 44300 before coming down around Friday.
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