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AskToRahulSirohi
Aug 18, 2023 10:56 AM

BITCOIN still under #BearishZone Short

Bitcoin / TetherUSBinance

Description

#BITCOIN 1-Day Chart Analysis-

As per CRYPTOCAP:BTC daily chart, Yearly Cycles running into Ascending Broadening Wedge pattern, then its final wave is nearby touched their support level and soon break-out up to 22.5k to 19.5k to complete its Bearish Zone cycle up to 5/7 sept., while monthly cycles moving under Descending Broadening Wedge Pattern, and as per that after the current downtrend completing, its upper Bullish divergence starts soon from mid of Nov. 2023.

At present, market is under volatile situation and Bears & Bulls both ready for their move, and Whaler's are also find the easy gap of 6k-7k for big Pumps & Dumps on this situation. So, as per that chart pattern will be change too, but majority of chances of Bitcoin moves as per given pattern.

Always #DYOR and Trade with #StopLoss, It's #NFA
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