Bitcoin has formed a falling wedge on lower time frames. A fal | Crypto Chart Alerts

Bitcoin has formed a falling wedge on lower time frames. A falling wedge is usually a bullish pattern and breaks in an upward direction. The resistance line of the falling wedge is near the $40,000-$40,100 area. A break above this level will open gates for $42,000 and the $44,000-$44,400 resistance area. If the falling wedge breaks in a downward direction then we see more dump in the market.