Tez8

BTC Short: Depleting downtrend, 1-2 weeks before reversal

Short
COINBASE:BTCUSD   Bitcoin
SUMMARY: Short, looks like another a week or two before a reversal takes hold.

We have two falling wedges on daily period and several weeks period.

There is a bullish divergence forming on the 4H and just appearing on the daily too.

If there is a sharp break down, technical target would be the $40k support.


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