Bitcoin’s plight in the first week of 2022, what to expect?

in blurtafrica •  3 years ago 
So I’ve been paying attention to the charts of Bitcoin over the 1 week period and been hoping for a blast in the beginning of 2022 but instead, this is what I found.


5B7A50FB-8A48-4750-AF79-EE89FF3ED43E.png
BTCUSDT chart: Source

I kept some indicators and added a rising wedge, well seems like our recent birthday boy Bitcoin isn’t trying have much fun before going home.

The rising wedge shows a strong possibility of a reversal, and you already see the break of market structure, the question is, when will it end or lead to.

I’m just saying that you should expect more dips, not a financial advice.

This basically my thoughts, lets share Ideas.

I’m https://t.me/Ak_Gunu on telegram

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