BTC Bullish/Long

25 ส.ค. 2021

Even though BTC is doing a bearish pattern "ascending wedge", I don't see many bearish fundamental news coming out or much bearish volume at all. As you can see the line drawn on the RSI, we can see the price bouncing off of it every time it touches it. I'm hoping to see BTC rising to the ATH in the upcoming weeks. On the other hand, if the price breaks the ascending wedge I would expect some consolidation and then a continuing bullish trend. I don't see the price of BTC going below 45k anytime soon.