On the weekly timeframe, the #TOTAL1 ascending wedge pattern has been broken. This pattern typically indicates a trend reversal from bullish to bearish. However, this does not necessarily mean that the price will drop sharply. The RSI ( is approaching the oversold region, so we may see a slight increase next week to retest the channel support level before continuing downward. The bearish target: at least 2.4 trillion. *TOTAL1 is a cryptocurrency market indicator representing the total market capitalization of all digital currencies combined, including ) and #بيتكوين and altcoins.
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On the weekly timeframe, the #TOTAL1 ascending wedge pattern has been broken. This pattern typically indicates a trend reversal from bullish to bearish. However, this does not necessarily mean that the price will drop sharply. The RSI ( is approaching the oversold region, so we may see a slight increase next week to retest the channel support level before continuing downward. The bearish target: at least 2.4 trillion. *TOTAL1 is a cryptocurrency market indicator representing the total market capitalization of all digital currencies combined, including ) and #بيتكوين and altcoins.