Bitcoin ( Inverted chart says it all )
Bitcoin / TetherUS BINANCE:BTCUSDT
When looking to the downside, the inverted chart in my opinion can gives some clear insight of where BTC will likely be going. What we have now is a breakout of an ascending wedge which probably still need to have some sort of retest, which will give further information on how low btc could potentially go. The target, $14000, could be too low ,because keep in mind that the 200 week ma or 300 week ma could serve as a perfect support.
![[Crypto] TLM is in phrase 2 uptrend with fibonnaci extension](https://thebitcoinstreetjournal.com/storage/2022/04/12072854-agdz_mid.png "[Crypto] TLM is in phrase 2 uptrend with fibonnaci extension")
