FiveDayCrypto

Bitcoin Short Term Possibilities. A Bigger move is Coming.

COINBASE:BTCUSD   Bitcoin
For the SHORT TERM, I see BTC/USD range bound within this wedge as shown in the yellow line. Once we reach the end of our wedge, we will likely fall or jump hard. If we break to the upside, I see higher highs with the major next resistance at 20k, where we would likely be rejected the first try. If we break lower in the next week, I foresee a larger move down, possibly to test our 20 week moving average again, which currently sits around $11,350. Be ready for both moves!

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