Bitcoin Going Back to 40k.

Bitcoin / U.S. dollarBitstamp

Description

⋅ Jan 13, 2021 10:59 PM

I expect a full retracement of the initial market market dump from 42k.

The ascending wedge would need the following to validate:
-Large Bitcoin/Asset inflows to Centralized Exchanges.
-Decreasing volume
-Funding Rates
-Option expiration

Trend Analysis Technical Indicators

Comments

Zulu_Kilo

⋅ Jan 13, 2021 11:03 PM

Hate to tell you this... Prolly going to 45k...