In the midterm, BTC has been travelling in a narrowing wedge based on recent swing low and swing high. SMA50 and 200 are still in death cross position suggesting bearish trend will continue. I'm marking 2 points of interest, one when it meets the wedge line at around 6400 based on current speed, or if it breaks that, it may test the long term low of 6k. There was ...
FYI - This is my first time charting, so more sharing for hope of any feedback.
However, assuming a new elliott wave is starting, it seems as though it may bounce off the 2/1? Seems to be significant support there.
BTC still feels very choppy - Stoch, RSI etc are all over the place, so watching with interest for now.