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Technical analysis by Cryptolover333 about Symbol BTC on 3/22/2025

https://sahmeto.com/message/3371755
Cryptolover333
Cryptolover333
Rank: 3202
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،Technical،Cryptolover333

Bitcoin finally seems to be forming a Falling Wedge here in this daily Chart, it has been really boring the last few weeks and that is the reason why I didn't posted any idea for a while, now Bitcoin could start what I believe to me a possible next supper rally before the next Bear Market starts, the initial target could be the top of this Wedge sitting at $109,347, there is a purple line with a possible correction bottom done sitting at $76,819 and a red line sitting at $73,610 in case of the worst think to happen that would be the next correction target but there is always a possibility to go a bit bellow and hit the yellow line of the Wedge and complete the pattern but I have a strong feeling that a breakout to the upside could be in the way soon as there is also Bullish divergences in the RSI on this daily Chart.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$84,001.36
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