We're really getting close to an apex on this falling wedge pattern that is going to break you know probably by about march 1st. i don't see it going by march 1st which is tomorrow we all know that's tomorrow if we can do our math correctly look for a big breakout on bitcoin brother to the upside or to the downside for bitcoin. we're going to take a look at what both scenarios are over in four-hour chart actually.
We'll look at them in the hourly chart but our fall down scenarios for the upside usually what your measure move is not measure move but what your breakout target is all of a falling wedge if you break it back to the upside is your local top your start of your wedge 50,169 is our eventual target and then we all know our fibonacci target which is at about 63 000 approximately.
I don't have the fibonacci marked on my chart but our next long-term fibonacci is 63,000 up there if we do fall from the downside we have a definitely a couple targets i definitely think that the approximate level of about 42,000 is going to be a big area it was our local top over from February obviously last month
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