Orca_Investment

A case for a $23k BTC being BULLISH

BITSTAMP:BTCUSD   Bitcoin
Here you can see a falling wedge that I've had drawn out for a few weeks now. The good news is that we have finally broke out of it after months of trading within it. The bad news is, that the re-test to confirm the break out (as charted) would take us back down to $22k-$24k. I'm not saying that it will play out exactly like this, but if my bias ends up playing out, than there's a strong possibility it will look something like this

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