BTC looks to be at an area of decision. Since briefly breaching the large falling wedge, we have fallen back under resistance. Since then, we have been hugging just below that line. I personally think that we will break upwards and get out of this wedge in a big way, but we could certainly dump from here. Bearish sentiment seems to still be strong and volume isn't great. I expect to know one way or another in the next couple hours.
Comment:
Breakout is looking great. Textbook falling wedge. I'm still in my position from 7930.
Trade closed: target reached