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Pepijnboer

Rising wedge on the weekly chart BTC.

Bitcoin / TetherUS (BINANCE:BTCUSDT)  
Pepijnboer  
BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Trend Lines Wedge Bitcoin (Cryptocurrency) bitcoinforecast long-term consider-it consideration
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trendanalysis trendline wedgepattern bitcoin bitcoinforecast long-term consider-it consideration
So BTC has been dropping lately driving the fear in the market to extreme fear.

To my predictions this would be our bottom for now and we will head up towards 75kish levels. Creating a rising wedge (bearish signal) on BTC. Also this would create a big bearish divergence.

This might be something to consider if you are invested to BTC or trading it on higher timeframes!

DYOR
Manage your risk accordingly!

P.S
Let me know what you think
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