BITCOIN DAILY UPDATE:
BTC is currently trading within a falling wedge pattern and has already given a fakeout once. If the pattern breaks out on the next attempt, we could see a strong bullish momentum toward 65k - 66k. However, if the pattern breaks to the downside, there is a high chance that BTC may drop to around 48k - 50k (which might take some time to reach).
BTC has grabbed liquidity with the fakeout, which means there are now higher chances of a downside break.
Still, we should wait for the breakout or breakdown before making long or short entries.
NOTE: Do your own research before investing ( I will not be responsible for anybody's loss I am just an analyst & my predictions can be go wrong đđ»).
