$BTC.D market analysis

The price action of $BTC.D is showing that it remains within a rising wedge pattern on the 4H timeframe.

Currently, the structure is indicating exhaustion, which could lead to a bearish movement, pushing the price toward the lower trendline.

A breakdown below the wedge could trigger a further bearish move, targeting liquidity at 61.30% and 60.31%, and potentially even lower.

However, if the price breaks above the rising wedge, it may trigger an upward move, causing BTC and alts to fall again.

If bullish movement continues, it could mark the beginning of the altseason.

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- Bitcoin Bullets® Trading