🚨 Bitcoin Forking Point 🚨
Recently, some analysts have pointed out a rising wedge formation in BTC. While this technical pattern typically signals a decline, the market does not move in one direction only.
🔎 Key points:
📉 Selling pressure may accelerate in case of a downward breakout.
🚀 In an upward breakout, short positions may get squeezed.
🌍 ETF inflows, regulatory news, and macro data are as critical as technical formations.
The reality is: No scenario is certain in crypto.
👉 Read the probabilities, manage the risk, look at the data, not the headlines.