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Technical analysis by bunnytheCT about Symbol BTC on 3/26/2025

https://sahmeto.com/message/3375322
،Technical،bunnytheCT

Bitcoin recently broken down the Rising wedge pattern in lower timeframe which is a bearish sign that usually means it will keep going down. But, it might not!It can be a fakeout: Incase if the price goes back up and managed to break the Horizontal resistance, then the earlier breakdown was probably fake, and the price might go up.Or it might really go down: If the price keeps falling, it could form a Double top pattern which is another bearish pattern.So, we need to wait and see what happens, It could go either way.

Translated from: English
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Signal Type: Neutral
Time Frame:
30 minutes
Price at Publish Time:
$87,792.5
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