According to the daily timeframe, BTC seems to be trading within a wedge pattern. If it breaks the $38,000 resistance and closes above it, there's a higher chance of testing the $40,000 level. On the other hand, if it breaks the $35,000 trendline support, there's a higher chance of bearish price action in the near term.
Keep an eye on these levels and trade wisely! Let me know if there's anything else I can assist you with. 😊📈
