BTC is bearish
Although there are bullish divergences up to the 4H, BTC looks very bearish. it was rejected from the red resistance line which was very strong support in the near past and price action always reacted strongly by pumping when it touched it.
It is true BTC is in a falling wedge but it might fail in a downtrend.
It is true BTC is in a falling wedge but it might fail in a downtrend.
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Related publications
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.