Things don't look good for Bitcoin in Daily time frame.
I am waiting for reversal in the next days.
We have multiple bearish signals.
1) Double top
2) Rising wedge
3) Bearish divergence in RSI
4) Trading Volume is dropping
Targeting price :
1st Target: 34000$ (from the rising wedge)
2nd Target : 32000$ (previous Break of structure, so now it's possible...
Check closely the 20 week moving average, the entire bull market was our support and the entire bear market is our resistance.
Also as everybody knows the 200 weekly ma is always a strong support/resistance .
So we are ready to go down from the 20 ma to 200 ma.
Another thing is that @ stochastic rsi we are ready to cross first time in that high territory...
