Bitcoin has been on an upward trend (orange channel) since March 2020. probably Bitcoin's recent correction was due to a collision with the midline, which is exactly in the 61.8 Fibonacci zone, and after a short break, it will continue its upward trend.
Bitcoin is also in a Rising Wedge pattern (purple lines). There is a possibility of correction after this pattern.
Given the Fibonacci timelines obtained and the fact that we are approaching the end of the Rising Wedge pattern, after this pattern. correction is possible
Please pay attention to Fibonacci timelines and Fibonacci Extention line.
Bitcoin is also in a Rising Wedge pattern (purple lines). There is a possibility of correction after this pattern.
Given the Fibonacci timelines obtained and the fact that we are approaching the end of the Rising Wedge pattern, after this pattern. correction is possible
Please pay attention to Fibonacci timelines and Fibonacci Extention line.
