Bitcoin Update: 2 hour timeframe

BTC is still maintaining the rising wedge pattern and testing the support trendline. If BTC manages to hold the support line, then I expect BTC to bounce back close to the 54K range. A breakdown and close below the support trendline will invalidate the bounce.

Trade safely.

הערה:

In the 30-minute timeframe, BTC is at the support line of 51.4k. If BTC breaks and closes below this support level, then we can expect 50.2k to be the next support level.
I will come up with a weekly update soon. Stay tuned.
#cryptomarket