BTC.D bearish scenario still probable despite potential breakout
Looks like we are going to see BTC above this descending broadening wedge. However, I do still see a potential bearish scenario that should delight the altcoin community. :)
This is purely conjecture though based on a wave analysis I like to use as a guide.
Resistance levels below 70 could turn the market back for a bear leg targeting that 51-52 levels. That is a big move so I will believe it when I see it. Pretty hard to bet against BTC right now. :)
DYOR.
This is purely conjecture though based on a wave analysis I like to use as a guide.
Resistance levels below 70 could turn the market back for a bear leg targeting that 51-52 levels. That is a big move so I will believe it when I see it. Pretty hard to bet against BTC right now. :)
DYOR.
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