Nick010

Bitcoin, the top is in

Short
BITSTAMP:BTCUSD   Bitcoin
No need to talk much. We set yet a lower high, got rejected at a long term upsloping trendline, downsloping trendline and horizontal resistance area.

The top is in, we set a lower high. The question remains, will Bitcoin manage to set a higher low, or fall down to the descending broadening wedge again?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.