Barysbyek

BTCUSD - mid term outlook

COINBASE:BTCUSD   比特币
Hello all,

Recently BTCUSD has set a new ATH and now it is trading in a correction.
It has already broken out of the rising wedge like pattern and the short term
structural support. If we take a look at the previous structural ATH (Apr 2021)
then we could forecast the possible endpoint of the correction.
Anyways there are 2 possible scenarios which are illustrated on the graph.

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