fazerbeam

BTC Daily Chart - Falling Wedge Pattern - Bullish

Long
BITSTAMP:BTCUSD   Bitcoin
I'm looking here at some BTC chart patterns to give me guidance on the overall crypto market. I see a falling wedge and uptrend. Some say to watch out for the double top (indicated as a dotted red line), but that "top" was back in August of 2022 and that was a totally different macro time. I think they are too far apart to be a double top, it's more like resistance at 25K.Disclosure: I trade and accumulate BTC and alt coins. Our web3 game project CroozeNFT. io is built on the Polygon Blockchain and we are invested in its erc-20 and NFT tokens.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.