BitcoinShort
BTC Short: Depleting downtrend, 1-2 weeks before reversal
SUMMARY: Short, looks like another a week or two before a reversal takes hold.
We have two falling wedges on daily period and several weeks period.
There is a bullish divergence forming on the 4H and just appearing on the daily too.
If there is a sharp break down, technical target would be the 40k support.
We have two falling wedges on daily period and several weeks period.
There is a bullish divergence forming on the 4H and just appearing on the daily too.
If there is a sharp break down, technical target would be the 40k support.
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