#Bitcoin Analysis for Speculators:
🪙#BTC/USDT (1H Chart)
On the hourly timeframe, a broadening falling wedge pattern has formed, the pattern's resistance line has been breached, and the price is attempting to consolidate above it.
The pattern is positive in the short term, with a target of $110,200. God willing, if the bullish momentum doesn't decline with this rise, the currency will rise slightly, between 5% and 8%.
It should be noted that the analysis is on a short timeframe. The analysis fails when the pattern relapses.
