Short

BTC BEARISH BTC

Updated

I've been trying really hard to get a feel of what the market is doing. Emotions are really high and I'm trying to shake off my bias. I'm really conflicted between this bearish scenario and a bulllish perspective. I am currently leaning bearish however towards 30k. I had posted this rising wedge last month and it seems to be playing out. no short term setup yet but I think we will get a relief bounce soon and then consolidate sideways in this area before breaking down again. We are at a major support so i dont expect us to fall through immediately. Check out my bullish perspective too for a comparison

Note

You can see the increased selling volume at the breakdown. This may imply momentum is about to start increasing to the downside

BTC-HONDA

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