Technical analysis by mpd about Symbol BTC on 5/8/2025
https://sahmeto.com/message/3493889
mpd
Rank: 2404
Analytical Power:
2.2
In my view we're still in a long term bullish trend, BTC is now moving in a falling wedge, I expect BTC current bullish move will stop @103k, I expect a correction to the wedge mid line @85k before resuming the bullish main trend to target 1st tp @121k and the 132k final target where bearish trend could start.
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Signal Type: Neutral
Time Frame:
1 dayPrice at Publish Time:
$99,594.82