BTC (weekly) - LONG TERM FALLING WEDGE

MACD is signalling a reversal

Long term falling wedge is in play here.

5k is absolutely possible late march - mid April.

Look for reactions to the support lines to determine your next move.

Fallings wedges generally indicate the bears are growing tired. We will see a very strong reversal on the break of this channel.

A break out may occur around 28th Jan - 18th Feb.
Trend Analysis

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