BTC - Bitcoin possible wedge breakout formation (UPDATED)

Update from the previous idea. Looks like we touched the upper wedge line and have a further confirmation for this descending wedge.

(This is not financial advice, this is a volatile market where anything can happen)

Transaction en cours:

Dropped a good amount, now moving sideways might go up a little bit and then continue dropping.

Transaction en cours:

The big drop is about to happen, touching the lower wedge line

Transaction en cours:

We had a small pump yesterday, which prevented the drop. But we touched the upper wedge line again and the market continues to be very indecisive at the moment.

Commentaire:

We are having a potential early breakout!

Transaction en cours:

We fell out of the wedge earlier then expected because of some whale manipulation, maybe it is a bull trap and perhaps we will go down again to the lower wedge side arund $6200.

Commentaire:

And as I said it could be a big bull trap, and it is.

Big dump just happened, we might fall back in the wedge.