A quick poll on BTC's next moves

11 ก.ย. 2022

Here are some possible outcomes as BTC attempts to break out of the descending broadening wedge.
Which way do you think it will go? Please explain in comments.

11 ก.ย. 2022

บันทึก

I think the safe bet is (E) :)
I'm expecting a 1.0-1.272 retracement from the current level, creating a new low near or just below the July low @17700. Then, surprise! it will spring back upward, breaking through the descending wedge to new highs. But who really knows...