BITCOIN - Price can little correct and then bounce up to $102600
2025-02-07
Category: None

Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊

A few moments ago price reached resistance area and then started to decline inside wedge, breaking $107000 level.

Price fell to support line of wedge and then traded near $94000 level until it bounced up from support line again.

BTC rose to resistance line of wedge and then dropped back to support line, after which started to grow.

After this, price rose to resistance area, breaking $94000 level and exiting from wedge, and starting to fall in reverse wedge.

In this pattern, BTC fell to support area, where it reached support line and then made an upward impulse.

Now price declining, so, I think Bitcoin can fall a little and start to grow to $102600 resistance line of reverse wedge.

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