Nov28 #Bitcoin : We are sharing this formation first time. BTC dropped near 10% last Friday along with Global Market after the fear of new corona Variant found in South Africa.
But as we can see that 53k worked as strong support in chart. Same time if you look at the big picture ,chart is showing 3rd phase of accumulation with bullish falling wedge pattern. Breakout of this pattern and $60000 will open hope for $80k-100k by end of Dec.
We can expect bounce from big bull trend line and market retest $60000k next week..
Crypto Bulls also eye on Global Market specially DOW.
December will be the bullish month for crypto and this can be big.
But as we can see that 53k worked as strong support in chart. Same time if you look at the big picture ,chart is showing 3rd phase of accumulation with bullish falling wedge pattern. Breakout of this pattern and $60000 will open hope for $80k-100k by end of Dec.
We can expect bounce from big bull trend line and market retest $60000k next week..
Crypto Bulls also eye on Global Market specially DOW.
December will be the bullish month for crypto and this can be big.
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