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#BITCOIN Daily Chart Analysis
As per 1-day chart Analysis of $BTC, still it will be moving perfectly on BroadeningWedge Pattern from last Lower-Low point of $15.5k from Nov. 2022.
But,
Before #Halving of Bitcoin, its final downtrend cycle of this pattern goes towards $33k to $30k cut-off point for its final Lower around April-May 2024 on Having Time Zone to complete this cycle pattern.
Lets see, Whats new and final AllTimeHigh will mark-up in 2023, while at this time on today at 6 Dec. 2023 on post writing time, #ATH of $BTC is $44.575 approx.
Whats the new All Time High of Bitcoin in 2023....?
Is it will be $48k or $52k around,
It means,
If $BTC cross over $50k again, then it will be 8th time in history and then it take Reversal mode towards $35k-33k at last time..
Lets see, whats the market mood and sentiments of Whalers with news impact of ETFs into Bitcoin and Ethereum Spots.
Always #DYOR before investing in Crypto at this final deadly volatile situations and Trade Wisely by using StopLoss to avoid Liquidations of your funds on major stage of #Bullish or Bearish Traps.