Many are predicting the market will drop, but I see things differently. Yesterday, I highlighted a falling wedge pattern, and after breaking the $61,980 to $62,380 range, it confirmed a bullish trend. We hit $64,420 before pulling back to the same range, which is expected due to recent consolidation.
Despite talk of a decline, I remain confident in my analysis and believe we’ll see an uptrend soon. The current market signals are fake breakouts designed to trap traders, but buyers are active, and the bullish move is on the way.
Disclaimer: This is not financial advice; confirm trends before trading.
