Currently, Bitcoin is trading within a falling wedge pattern, a formation that often suggests a potential bullish reversal. While the price has not yet broken out of the wedge, there is a possibility of bullish momentum in the coming days. If this momentum materializes, Bitcoin could target the $62,000 and $64,000 resistance zones.
This is just my personal idea. I'm simply sharing my opinion based on the current chart.
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.
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.