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.
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out