Bitcoin Falling Wedge (UPDATE)
Updated
Hello traders,
I expected a small reversal to $6,100 when Bitcoin was trading at it's $5400 support - however; it failed to hold. Now, Bitcoin is trading at the next support levels - between $4400 and $4800, plus at the support level of the falling wedge pattern.
I'll update this idea by the hour to look at reversal signs on the intra-day chart.
Best of luck,
Abdulla
I expected a small reversal to $6,100 when Bitcoin was trading at it's $5400 support - however; it failed to hold. Now, Bitcoin is trading at the next support levels - between $4400 and $4800, plus at the support level of the falling wedge pattern.
I'll update this idea by the hour to look at reversal signs on the intra-day chart.
Best of luck,
Abdulla
Note
8H Chart Update: Note
$100 away from trading above $5,000 
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