 BTC: Potential Bullish Opportunity After Retest
2024-11-01

BTCUSDT (Day Chart) Technical Analysis update

Recently, BTC price broke through the broadening wedge resistance line and reached the peak resistance level of the wedge. However, the price was rejected at this peak and is now retesting the broadening wedge resistance, which may now act as support. After some consolidation around this level, we could anticipate a strong bullish move, making this an attractive buying opportunity for BTC.


