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53k

Potential BTC price actionPotential BTC scenario. Just broke out of a rising wedge , might retest and continue lower to 53k possible target which is the fib 0.382 level from the may crash to the ATH ; confluence with the bottom of the rising wedge . Look for bearish divergences as the prices reaches the local POC and golden pocket.
BINANCE:BTCUSD.PShort
by Ryuzaki7174
Bitcoin's Symmetrical TriangleBitcoin is forming a symmetrical triangle on the 4H. As can be seen it bounced perfectly during the dump and I might be looking for a long opportunity somewhere in the green area. If we bounce of course, if not, it may offer a opportunity to short but I'll pass that one probably. If we break up the technical target is around 68K, if we break down the technical target is at around 53K (which I don't hope for but wouldn't be something extraordinary) Bear in mind that we haven't had a real correction ever since the 40K level of september ;) Let me know what you think
FTX:BTCPERP
by NotAChartist

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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