Bitcoin reached a new high yesterday but then dropped to $92,000 to liquidate positions. This price decline created a bearish scenario. As you can see, Bitcoin is forming a descending wedge. If this pattern breaks, the price could drop to $92,000. However, we cannot say Bitcoin is bearish right now because as long as the wedge does not break, Bitcoin can still be bullish. So, we wait to be sure.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!