Bitcoin started to rise again after Failing (Fake Break) to break the Support zone($58,000-$56,600).
From the point of view of Classical Technical Analysis, it seems that Bitcoin has formed a Falling Wedge Reversal Pattern, and if the upper line of this pattern breaks, we can expect a further increase in Bitcoin.
From the point of view of Elliott wave theory, Bitcoin's correction waves seem to be continuing. The last corrective wave was the Zigzag Correction (ABC/5-3-5), which was the end of wave C, $55,600. #Write2Earn! #btc $BTC