Short-term Analysis on $BTC đ
After breaking out of a rising wedge pattern, #Bitcoin has entered a falling channel, where it is currently trading. This suggests that Bitcoin might remain within this channel for some time, consolidating its price.
However, a potential breakout from the falling channel could indicate a continuation of the bullish trend, pushing prices higher.
Selling at resistance and buying at support can be an effective trading strategy. However, it's important to consider other factors such as market trends and volume to avoid potential false breakouts or breakdowns.
LINK TO MY ANALYSIS- https://www.tradingview.com/chart/qtmMkweb/
