BTC unable to breakout from the falling wedge pattern and got rejected again. Now BTC reached again near the horizontal support line. Bitcoin is in rangebound from last two weeks. Looks like we have to wait more for the breakout. Also, new year and christmas holidays are coming so we might see some selling pressure. BTC holding the $46k support very well till now but if it breaks below then we might see $42k-$44k. For any bullish scenario BTC must break and close above $50k.
Now let's wait and let the market decide where it wants to go. You can accumulate some BTC and ETH on spot.
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