The rising wedge on the Bitcoin chart has already broken down. A breakdown means the wedge pattern has been invalidated. Recently, Bitcoin's movement has been very erratic, forming and breaking out of patterns, but the price still remains within a range and fluctuates.
If you truly want to change the trend, you still need to wait. However, by the end of the month, a clear direction should emerge. The 85,000 position below Bitcoin has successfully held, and indicators have also recovered. The 4H MACD has a bullish crossover at a low level, awaiting increased volume for an upward attack.
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The rising wedge on the Bitcoin chart has already broken down. A breakdown means the wedge pattern has been invalidated. Recently, Bitcoin's movement has been very erratic, forming and breaking out of patterns, but the price still remains within a range and fluctuates.
If you truly want to change the trend, you still need to wait. However, by the end of the month, a clear direction should emerge. The 85,000 position below Bitcoin has successfully held, and indicators have also recovered. The 4H MACD has a bullish crossover at a low level, awaiting increased volume for an upward attack.
Watch 85,000 below and 89,500 above.