CobraVanguard

BTC/USD can it reach 40k?

COINBASE:BTCUSD   Bitcoin
Hi every one
Bitcoin / U.S. Dollar

BTC/USD chart has formed a Very big falling wedge. this is of course a Great bullish pattern but BTC has not broken this pattern yet. so there should be another bearish movement to 30k before it can break the wedge and be ready to ascend! after the break out the price can reach around 40K easily and maybe reach the top of the wedge once again (around 47k)!

Previous Analysis:

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