GRAFIK BTC/USDT


Quick BTC Update
BTC is now trading near 55k. It forming a Falling Wedge pattern in 4hr time frame and moving inside there. Now there are two possible scenario. One is 55k is resistance level for BTC and it may reject from here and can go for 52k and a pullback may seen from there bcz that is the lower side of pattern and a strong support zone also. Another scenario is the price may pump from here and can test upper side of pattern and a rejection seen from there and it can go for 52k and a strong bounce back expect from there. After Breaks the falling wedge pattern upper side we can expect some bullish move from BTC
Trend Analysis

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