Hi all I currently believe BTC is in a falling wedge pattern, reasons are as follows…

Reasoning
– Downtrend made of lower highs & lower lows
– Trend line connecting the lower highs is steeper
than the one connecting the lows
– Decreasing sales volume

This gives 2 scenarios –

1/ A breakout to the upside which would indicate a trend reversal along with a probable push to $45k +
2/ Rejection at this level would likely see BTC break down to the $34k for a quick pause before going lower to the sub $30k region.

Keen for your thoughts

Blockbullder