Rising wedge , hype and euphoria could be over for Bitcoin.
During the last 2 years, we can clearly see 2 beautifully formed patterns that broke down and capitulated the bulls
Looking at the chart today we can see huge rising wedge forming on a daily, and we are right at the top of it!
Could be a good shorting opportunity as we right at the top of the wedge.
The market feels too optimistic for a continues rally.
If the wedge breaks down, bulls could capitulate all the way down to 6.8k
Looking at the chart today we can see huge rising wedge forming on a daily, and we are right at the top of it!
Could be a good shorting opportunity as we right at the top of the wedge.
The market feels too optimistic for a continues rally.
If the wedge breaks down, bulls could capitulate all the way down to 6.8k
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