Very steep wedge on BTC, opportunity for quick moneyAfter a more than decent rally these past few days, BTC has formed a VERY steep rising wedge. Five green 4h candles is probably not sustainable short term. Since we broke one resistance that was born on the past 8500 high, I am bullish mid term but long term it should give a small retrace at least up to the line that is supporting this run, which right now sits at around 6450.
It's not a bad , almost 300 usd too, so I am going short here. I am also willing to add up until 7020 where another big resistance sits, also born at 8500
Trade safe, always use sl!
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