ehteshami66

BTC Short-term Analysis

BINANCE:BTCUSDT   Bitcoin / TetherUS
btc is in the Rising Wedge pattern
In the current rise of bitcoin, it has reacted and corrected each time to the support levels (purple arrows) of bitcoin.
This current bitcoin wave is very similar to the 3d drive pattern. Which has corrected 38.2 Fibonacci at each time.
After this ascent in the $ 55,000 area, we will complete the Rising Wedge and 3d-drive pattern and prepare for the C-wave bitcoin downtrend in two months.
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.