Bitcoin update:
Let's have a quick look at Bitcoin, we have some good signs & some bad signs too.
So, Let's start with a bad sign yesterday, Bitcoin failed to Break out from the descending broadening wedge pattern in the daily chart. As a result, we saw rejection yesterday.
Yesterday's Daily close was also much bearish as you can see zooming in on the chart it's Bearish engulfing.
But the good thing is that bitcoin flipped the resistance area of $65K-$66K into the support area you can see we're getting a reversal today from the same area, which means it's a new support area.
And $65K - $66K area isn't going to break. So I'm expecting that Bitcoin will go again for the Breakout in the upcoming days within this month.