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#BTCUSDT — The reversal started from this crash 📉
On the weekly timeframe, #البيتكوين a clear ascending wedge pattern formed ( a reversal from bullish to bearish ), and the support level has already been broken. Attempts to regain it for three weeks were unsuccessful ❌
Since reaching a high of $126,000, Bitcoin has decreased by approximately 31%, and it needs a 45% increase to return to that level. Will it see a new all-time high? Not soon, especially with the continued withdrawal of funds from exchange-traded funds 💸
Based on the ascending wedge pattern, the short-term target: $74,000,
Potential bottom: $52,000 ⚠️
#Bitcoin
#SWTCH $SWTCH
$BTC
$ETH