BTC may retest 30k again.
Based on the hourly chart, BTC is forming a rising wedge where if this broke down to the downside may bring BTC price back down to around 30k region.
MACD signal lines also indicating an incoming downward momentum.
To invalidate this, BTC must hold its rising wedge support and break through the resistance at around 42k.
MACD signal lines also indicating an incoming downward momentum.
To invalidate this, BTC must hold its rising wedge support and break through the resistance at around 42k.
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