Bitcoin, broadening wedge pattern, downside could test 2100.
Bitcoin has been consolidating in a broadening wedge pattern.
The lower high that was formed after reaching to near 3000 suggests a short term decline. Break down below 2426 could see the declines extending lower to 2099 - 2100. Long positions above 2600 could see another go at 3000 highs. Below 2100, next lower support is seen at 1838 - 1800.
The lower high that was formed after reaching to near 3000 suggests a short term decline. Break down below 2426 could see the declines extending lower to 2099 - 2100. Long positions above 2600 could see another go at 3000 highs. Below 2100, next lower support is seen at 1838 - 1800.