Rising Wedge looks like possible breakout coming in the next 24 hours. The $10,100 resistance must be broke to confirm breakout and bullish market.
If the support breaks on the rising wedge, or if it fails to penetrate the critical resistance at $10,100, we could see it fall and test $9K or lower again. If Bitcoin breaks the resistance on the rising wedge prior to reaching the apex ($10K area), we could see an early test of the $10,100 resistance followed by a possible breakout earlier than anticipated. This is just my opinion of course. I welcome your comments and criticism.
If the support breaks on the rising wedge, or if it fails to penetrate the critical resistance at $10,100, we could see it fall and test $9K or lower again. If Bitcoin breaks the resistance on the rising wedge prior to reaching the apex ($10K area), we could see an early test of the $10,100 resistance followed by a possible breakout earlier than anticipated. This is just my opinion of course. I welcome your comments and criticism.
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