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Bitcoin / TetherUS
Short

BTC Hits 200 MA Resistance, Break Soon

By bobjames1
Updated
BTC is heading into a very tight wedge, with the 200 MA as a confirmed resistance. Volume is also drying up. It will break out either up or down but since in November we saw the exact same thing then we are probably going to break down unfortunately. We will have to see.
Note
Broke up on hourly. Will reach 35xx area but stoch RSI showing bear. This does also tie into 2xxx bottom theory since we will dump hard after this (or we will go sideways forever until we all die, or it goes to zero haha).
bottomBTCcapitulationdumpshortSupport and ResistanceTrend LinesUSDusdtWedge
bobjames1

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