Bitcoin, rising wedge abcde pattern
Rising wedge on btc, forming an abcde pattern (corrective). If it's corrective, then it's not impulsive, so I would expect a downturn searching the long term rising trendline (around the first weeks of November) to form a very extended ABC pattern from the 2024 highs.
If that trendline should fall, I would be very cautious due to the ferocity of the volatility spikes in this asset.
If that trendline should fall, I would be very cautious due to the ferocity of the volatility spikes in this asset.
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