All the new money is weak money.
And we all now that BTC really needs that cooldown. Old money is going to cash out after that rising wedge which will lead to an H&S. When this is done I would be really happy with BTC touching that old resistance line from the last two corrections. In the best case it would be under 10k. There are many people waiting for that...
I see an rising wedge in an uptrend, could be followed by a short downtrend to the support line or even back to 3960$ After this the uptrend may continue.
