#BTC Bitcoin is testing a downside breakout from the wedge.
If we see a confirmed breakout, a local correction is highly likely. I mentioned downside targets earlier.
But the broader picture remains bullish. I believe a bottom has already formed around $58,000 and an upward reversal is beginning.
A drop below this level is possible only in the event of a serious “black swan.”
$BTC
If we see a confirmed breakout, a local correction is highly likely. I mentioned downside targets earlier.
But the broader picture remains bullish. I believe a bottom has already formed around $58,000 and an upward reversal is beginning.
A drop below this level is possible only in the event of a serious “black swan.”
$BTC
