BTC is near the apex of a bearish rising wedge. support is being tested as we speak, and it looks unlikely to hold this time given the stochastics and wave trend oscillator with twiggs money flow overlay show confluence, falling from the overbought condition. This is a short, at least to the 4hr 50ma. the bearish trend is likely to continue at this point, but a reversal near the 50ma on the 4hr could induce a squeeze, so watch carefully in this area. Interestingly, there is a 2nd wider rising wedge with even bigger bearish potential power with support currently around 7600. That leads me to believe we will not fall quite a fast as most bears would like, but once this 2nd support is broken, a long trade seems unwise.