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Should we be worried about this
Bitcoin
rising wedge?
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India warned Pakistan about dam water release due to monsoon rains, enabling evacuations that saved over 150,000 lives.
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$ETH pierced its 2021 all-time high but got knocked back. ATH breaks are rarely clean... Late longs pile in, then get flushed out. The real breakout signal isn’t the first wick up. It’s a weekly close above the old ATH. Until then, expect chop and shakeouts.
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Bitcoin price action is setting up just like it did in 2017. If history repeats… A MASSIVE PUMP IS COMING!
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While everyone is panicking saying the cycle is over… $BTC is doing a textbook bullish retest. New ATHs are inevitable.
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