BTC- Short
I think BTC is about to see a drop to about 10,200 before it goes down even further. After we broke the support established in March and two fail attempts to get back above it, the only direction this thing is going is down. Currently RSI is neutral/bullish @ 57. MACD is ticking downwards. We have formed an expanding bear wedge (the thin blue line) since the beginning of September. Every time we test the bottom of the wedge it's more likely to break it and go further down. We have not tested the multi-year resistance line we formed since the bull run of 2017. I think a test of that line is imminent. Let me know what you think and please share your charts.
Don't overcomplicate things in trading
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