BITCOIN (BTCUSD): Detailed Technical Outlook

28 มิ.ย.

https://www.tradingview.com/x/P5N2ByUl/

Since the beginning of June, Bitcoin is not in a good shape.

The market is trading in a minor bearish trend and formed
a falling expanding wedge pattern.

The test of a huge confluence zone based on a trend line of the wedge
and a horizontal demand zone triggered a strong rejection.

For now, the market is accumulating within a narrow range.

I believe that a bullish breakout of the resistance of the wedge
and a daily candle close above that can be an important bullish trigger.

The market may start a strong up movement then.

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