Bitcoin
Short

likely to retest trendline, lower 30s

Updated
there's a lot of resistance around 40k (where 3x selling pressure picks up, and 4x buying pressure drops off). expecting price to break down from the ascending wedge and retest the trendline in the lower 30s. should be a good opportunity to buy there.
Note
H&S or bullish channel? i'm guessing H&S, but if we head to the top of the channel i think that's extremely bullish.

snapshot

you see where that innocent little channel is heading?!

snapshot
Note
snapshot
Trend Analysis

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