Btc looking to break down from the range
Updated
BTC is rejecting 20 moving average and is looking to break down from the range.
The market structure resembles broadening wedge, 3 drives or a failed wave 5.
So once it stops making progress with new heights, there comes reversal.
Here's what comes next: we gonna dump, bounce and then hit the 12k support.
The market structure resembles broadening wedge, 3 drives or a failed wave 5.
So once it stops making progress with new heights, there comes reversal.
Here's what comes next: we gonna dump, bounce and then hit the 12k support.
Note
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