🚨BTC Alert 🚨 Rising wedge pattern is forming in 4H TF. Breakdown may cause another downfall toward 48K or maybe 42K.
BTC is taking last breath before it show next leg up or down. Situation entered in two senerio . First will explain both and then will my own point of view.
First senerio is that rising wedge pattern play out , BTC break supportive trend line and fall till 52K and then maybe 48K. Second senerio is that BTC get support from supportive trend line and show pump toward 62K.
But I am expecting a pump BCZ :
1. #Ethereum_ETFs_Expected_Date 15 July or before 20 July . Most probably 15 July .
2. Whales recently buying .
3. German government selling and hold only 5K BTC now. After which selling pressure will reduce and we will get a bounce in price.
4. BTC ETF buying continuesly .
5. CPI data come positive .
Hope nwo you understand what i want to say. If you still have any question ❓ then ask in comment I will reply .
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Read below mentioned post for more insight .
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