Bears are in trouble.
We have a rising wedge. If btc gets past the 4-hr ichimoku cloud and pumps from the wedge, it could climb all the way to 49k and tag the bottom of the 1-day cloud.
The key point to watch is the 45.2k resistance level. A steady climb and consolidation below it may lead to a breakout which catches the bears completely unawares.
We have a rising wedge. If btc gets past the 4-hr ichimoku cloud and pumps from the wedge, it could climb all the way to 49k and tag the bottom of the 1-day cloud.
The key point to watch is the 45.2k resistance level. A steady climb and consolidation below it may lead to a breakout which catches the bears completely unawares.