MMCrypto

this is the last final shakeout, the last final breakdown before this bull a bear market hopefully and finally ends within this quarter

are we going sub 50,000 with Bitcoin potentially breaking the upward sloping support of this second rising wedge?

it gives me an opportunity to open a new trade below 65, hopefully below 60,000 US dollars for Bitcoin.

The moment we are breaking this on the weekly, it can get very very ugly for Bitcoin.

As long as this is not happening, beautiful, we are at the support as the last sixteen years for Bitcoin. We've been holding these kind of support levels which were formed by the previous bull market

I will open a long position on the way down to grab the bottom, hopefully, the bottom of this potential, bear market finishing here for the bull market to come in the future.

if Bitcoin breaks this resistance, better even on a weekly candle on Sunday, 78,000. Well, bearish scenario basically invalidated.

If we do break this upward sloping resistance towards the upside, we would be looking at a price target of 86, give or take 87,000 US dollars for Bitcoin