Nick010

Bitcoin rejected, heading to new lows?

Short
BITSTAMP:BTCUSD   Bitcoin
Bitcoin looks like its failing to break the horizontal and descending broadening wedge resistance while making a double top on the RSI.

Let's have a look if bitcoin get's a second chance, or if this parabolic FOMO rally is coming down to new lows in the coming months.

Ideally, bitcoin would set a new low with a bullish divergence and rocket from there.
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