#BITCOIN 4hr. Chart Analysis
At Present from last 20 days, $BTC moving into Ascending Broadening Wedge Pattern.
Ascending broadening wedge is one such formation, where its signal manifestation of the ascending wedge pattern in an uptrend, the asset price trending towards reverses to downtrend. Hence, it is a bearish reversal pattern. An ascending broadening formation forms an inverted triangle shape in the price chart.
So that, remember the $BTC historical chart pattern of Sept., it's always into Bearish trends. Now it's moving towards $22k to break-out one of its strong support of $23.8k soon, may be some chances to take a mini reversal, but it will be not sustainable for long and break-out soon towards 2nd last Lower-Low #Bearish reversal cut-off point at $21.5k-$19.5k....
Here, Market Sentiments towards #BearishZone as well Whaler's are also ready for that too.
So, trade wisely with #StopLoss at this situation of Volatility into market & always #DYOR It's NFA 🙏
