In my weekend analysis, I said that Bitcoin looks ready for correcting but I don't rule out a new high.
Now we have this new high that completes the rising wedge formation.
The recent tops from 16k are marginal indicating loss of power and I expect a correction soon
17-17.5k should provide strong resistance and bears could have a target at around 14k for this crypto
Now we have this new high that completes the rising wedge formation.
The recent tops from 16k are marginal indicating loss of power and I expect a correction soon
17-17.5k should provide strong resistance and bears could have a target at around 14k for this crypto
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