In this technical analysis, we already seen that Bitcoin price is drop a lot on today's movement.
The Symmetrical Triangle Pattern already broke out, and it was broke on the Support Level.
Which means not very good for Bitcoin Price.
But, I think on the daily timeframe we might see a Falling Wedge Pattern forming, since the market itself showing us that the Recent High that was formed 3rd June got rejected so hard, meaning it could be the puzzle that we need to see that the Bitcoin price is moving in the Falling Wedge Pattern.
Wish you well and have decent profits.
Disclaimer: This content is not a Financial Advise.
The Symmetrical Triangle Pattern already broke out, and it was broke on the Support Level.
Which means not very good for Bitcoin Price.
But, I think on the daily timeframe we might see a Falling Wedge Pattern forming, since the market itself showing us that the Recent High that was formed 3rd June got rejected so hard, meaning it could be the puzzle that we need to see that the Bitcoin price is moving in the Falling Wedge Pattern.
Wish you well and have decent profits.
Disclaimer: This content is not a Financial Advise.
