BTC - For now, We Wait ⏱

27 sept. 2023

Greetings, TradingView Family! This is Richard, also known as theSignalyst.

BTC is still bearish trading inside a falling wedge pattern and lately it has been stuck inside a narrow range.

📈For the bulls take over again short-term, it's crucial for BTC to surpass the last high in gray around 26,500 and upper red trendline.

📉 Meanwhile, BTC would be bearish, and if it breaks below 26,000 we will expect further bearish movement till the 25,000 - 25,250 support and demand zone.

Which scenario do you think is more likely to happen? and why?

📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.

Good luck!

Remember, all strategies are good if managed properly!

~Rich