BTC most likely will drop out of this ascending wedge. The chart speaks for itself. Bitcoin loves to fall out of wedges (almost every single pump and drop has been preceded by an ascending wedge (in the case of a drop) and a descending wedge (in the case of a pump).
I expect to see a 14k BTC capitulation move if 22K can't be overtaken.
We may see it touch 22K as a fakeout rally and then a capitulation wick down to 13-15k.
I think the move down to 10k will be a very slow painful grind (if it does happen).
I expect to see a 14k BTC capitulation move if 22K can't be overtaken.
We may see it touch 22K as a fakeout rally and then a capitulation wick down to 13-15k.
I think the move down to 10k will be a very slow painful grind (if it does happen).