BTCUSDT: Small Correction Possible Before Uptrend
2024-08-13

BTCUSDT(Day Chart) Technical analysis update

BTC's price has been trading within a broadening wedge pattern for the last 160 days. Recently, it bounced off the wedge's support and is now trading at the  GETTEX:59K  level. We can expect a small correction before the next upward move, with the price possibly touching the $55K level before resuming a bullish trend.

Regards
Hexa