TechniBlock

Bitcoin (BTC/USD) Massive falling wedge pattern

BITSTAMP:BTCUSD   Bitcoin
This is one massive falling wedge. Not sure how high it can go but the .618 comes in at 48.1k.
Comment:
This slow moving weekly chart called it. We just pushed up through the .5 fib and golden pocket is most likely our top falling just shy of 50k. It can turn around and retrace anytime now.
Comment:
I called this wedge in January of 2023 and it just finished playing out. For the coming months I think we correct back to 20 to 23k.

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