Can Bitcoin rally to new highs? If it can then I officially give up on doing TA on this coin forever... let's see what happens!
For now though, from a TA standpoint it's looking like it should break down from the rising wedge it's in and go to at least the trend line at ~6500
For now though, from a TA standpoint it's looking like it should break down from the rising wedge it's in and go to at least the trend line at ~6500
Comment:
if BTC falls to about 6900 and comes back up it will form an inverse head and shoulder and go to $8k minimum... I see this as a very likely path for it to take right now.