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Technical analysis by x4fcqmrdz5 about Symbol BTC on 3/18/2025

https://sahmeto.com/message/3356638
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BTCUSDT BTC/USDT is currently "forming a rising wedge pattern" , which could indicate a continuation of the downtrend. Since the last peak at $110,000, Bitcoin has been experiencing a decline. At the moment, BTCUSDT BTC/USDT is highly volatile, with daily price swings of up to 10%. This volatility increases the likelihood of fake breakouts and rapid reversals, especially due to external factors like news.

Translated from: English
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Signal Type: Neutral
Time Frame:
4 hours
Price at Publish Time:
$83,159.57
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