How about a bearish
scenario for BTC
, as we see on chart this past month of march we have weak volumes compared to the last months , a wedge
pattern is forming which will show us the right direction of the price and we might see it continue to fly high again , or if the price couldn’t break the 61,500 level with force , and as Ray dalio has said that the American government may forbid completely the Bitcoin
, so the price can go down to the next support of 42,000.
So the up coming days are very decisive for BTC
price based on the chart analysis, so we may seek to see a higher volatility
on the market and maybe a reverse direction of the price .
Play ot safe .