BITCOIN - Price can bounce down from wedge to $59000 points
2024-10-11

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

Recently price declined to support line and at once bounced up to $60900 level and soon broke it.

Then, price made retest and continued to move up to resistance line, after which it turned around and declined to support line.

Next, price rose to resistance line, but soon started to decline inside wedge, breaking $64300 level at once.

After this, price fell to support line of wedge and then bounced up to resistance line, after which started to fall.

In a short time, BTC fell to support line of wedge, but recently it rose higher than $60900 level, breaking it.

Now, I think that price can rise slightly and then bounce to $59000, breaking support level and exiting from wedge.

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