Bitcoin

Update about my last idea for Bitcoin

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Bitcoin is still forming a Falling Wedge in this daily Chart and also visible in the 4 hours chart, we could potentially see a breakout at any time but first we need to see a breakout from this resistance zone (Red Zone), the next resistance zone after breaking this out would be the top line of the Falling Wedge, and there is the possibility that goes down after to continue forming the Wedge but also I draw a new line with a possibility to break it before that, you never know but just keep and eye on this Wedge, would it hit the top line first or the bottom one? I think it could be the top one, anything could be possible here, I will put a short position at the top of the line or a long one at the bottom but always with a stop loss, please don't forget that. Good luck everyone and fingers crossed!

Penafian

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