Technical analysis by coleperris55 about Symbol BTC on 12/16/2021

Ascending Wedge Currently at the end of Wave 4 We should see either a breakout or breakdown during Wave 5 If we breakout, price target is $120k-$125k If we break down, price target is $25k-$30k Considering the direction of Wave 5, I would assume we will breakout. The only way that I see this not happening is if Wave 4 breaks down from the wedge. I see the top of the market in Mid-January to Late February. Not financial advice! Happy Trading!