We are entering the month of APRIL with all the bullish sentiments in the market and Bitcoin has just closed six consecutive monthly green candles for the first time since April 2013. As of now, we are witnessing the formation of RISING WEDGE in Daily TF and in smaller TF we are moving in a BULLISH ASCENDING CHANNEL. Now, according to my analysis the price action can play out 3 different scenarios (in the direction of the arrows). Let's see how it goes.
For educational purposes only (DYOR).
BTCUSD
For educational purposes only (DYOR).
BTCUSD
