There has been a resistance line since 2017 that is a 3–4-year long resistance.
In the short term it is in a falling wedge which is bullish. So far it has not broken the wedge yet, but it looks like it will very soon.
And it is just under the long-time resistance.
If the long-time resistance is broken again that is extremely bullish for bitcoin.
Also, if it breaks out of the falling wedge that could be good enough to push it up over resistance.
Comment what you think and follow if you like the idea.
In the short term it is in a falling wedge which is bullish. So far it has not broken the wedge yet, but it looks like it will very soon.
And it is just under the long-time resistance.
If the long-time resistance is broken again that is extremely bullish for bitcoin.
Also, if it breaks out of the falling wedge that could be good enough to push it up over resistance.
Comment what you think and follow if you like the idea.
