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UnknownUnicorn2999322

#BTC needs to break out of this falling wedge

Long
Bitcoin (BITFINEX:BTCUSD)  
UnknownUnicorn2999322 Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns BTCUSD Falling Wedge short LONG
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trendanalysis chartpattern btcusd fallingwedge short long
BTC has been in a falling wedge for quite some time now and should break out within the next week. So far we have seen constant bleeding with no sight of a bottom yet. Everyone is eyeing the 6800 region as the last support for bitcoin that is holding up this wedge. A break down of the wedge, below 6750 and under the VPVR could get ugly. Successful break of falling wedge could take us up to 9k where we will probably get rejected again. Be prepared for both.
Comment:
6750 would be the ideal entry for a long
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