$BTC Almost / has reached the target pattern of the Decending Broadening wedge ??
I answered yes.
finally $BTC has broken out of the sideways shackles from March 2024
this is due to Trump's victory in the 2024 US election
but has this long-awaited rally started?
we have to see the past 2 months bitcoin has continued to rally non-stop especially in October.
will we continue to climb without a pullback? of course not.
bitcoin has a habit in the ongoing bullrun rally phase usually experiencing a pullback of 20% +-
meaning if we count from the top 93-95 k
the most likely correction price to be revisited is 71-75 k
however this does not immediately happen in 1 day. at least based on historical pullback that occurs takes 2-3 weeks to reach the target after that usually btc will make a base / consolidation for some time then continue its rally.
the possibility of a decline is still there
but the good news. the expected rally has started
meaning #Altseason will arrive.
I will update about your favorite #Altcoin in all timeframes. so that it can be a reference.
keep doing #DYOR
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