Bitcoin can start falling and dropping to the level of $16000

Hello to the TradingView community and my followers, please, if you like ideas, don't forget to support them with likes and comments, thank you so much and we'll get started.

Today, I want to talk to you about the GBP/USD chart.

On the chart, we can see how Bitcoin has formed an rising wedge and is trading inside.

The price can rise to the resistance line and retest of this line.

I expect that the price can retest the resistance line, after which it can bounce back and start to go down.

I set two targets for Bitcoin.

First target is at 16600, second target is at 16000.

This is my opinion, I really hope it will be useful for you.