35.9k resistance, bearish wedge formed
BTC nearing 35.9k resistance, which has been an important horizontal level since the end of May. If BTC breaks to the upside, 38.1k next.
Channel beginning Jun 22 has been almost perfectly respected, but bearish wedge pattern may also indicate yet another short term pullback. Stock market overextension and bottoming volatility could resolve coincident with a downward BTC move over the next week.
Channel beginning Jun 22 has been almost perfectly respected, but bearish wedge pattern may also indicate yet another short term pullback. Stock market overextension and bottoming volatility could resolve coincident with a downward BTC move over the next week.
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