#FED In Complete Control! #Bitcoin Forming A Falling Wedge, Heres Why. #OhNoCrypto
#OhNoCrypto Update ( Continuous )
🔶Bitcoin Forming a falling wedge in a 4-Hour time frame which is a Bullish pattern But the price is trading below 50-M.A.
🔶Bitcoin needs to give Candle closing above this pattern and clear the mark of $20,900 then we can expect some positive movement in price. Also If enough shorts are liquidated, the market might see a volatile move to the upside.
🔶Bitcoin is still heavily affected by three factors: the U.S. Federal Reserve (Fed), the strength of the U.S. dollar, and the upcoming Ethereum “Merge”
