#BTC (Update)

Bitcoin has been Consolidating into Ascending Channel since January 2022.

From last 4-weeks, Bitcoin is Moving inside the Falling Wedge .

RSI is Printing Bullish Divergence as Well.

For Bullish Momentum, Bitcoin Bulls need to reclaim the 40k S/R Level to Confirm the Upside Breakout.

In Bullish Case, If Bulls Reclaimed the 40k S/R Level then Bitcoin Might hit the 50k Psychological Level.

In Worst Case, If Channel Broken Downside, then We Could See Bearish WAVE towards the 28-30k Major Support Area .

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