BTC medium term Short bias

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Rising wedge patterns are consistent in crypto, there will be a breakout to the downside. The problem that bulls face here is if it DOESN'T breakdown in the next 8 hours it will rise to the top of the wedge and then fall. This will be an almightly bulltrap as a lot of folks will FOMO in after a break above 11200 not realising that the wedge trendline is stronger just above this area.
I just sold. All the big players I know say it's going to 4k either this month or next.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out