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mortonpeak

BTC falling wedge?

Bitcoin (COINBASE:BTCUSD)  
mortonpeak  
COINBASE:BTCUSD   Bitcoin
Chart Patterns Trend Lines BTCUSD
2
0
chartpattern trendline btcusd
This could be a penant, with a resumption of trend line (what everyone expects). But it could also be a falling wedge. Here is Bulkowskian falling wedge playing out:

16K+ on opening day of the CME, 12/10
trend reversing late today here in California (8:30pm)

per Bulkowski, thepatternsite.com/fallwedge.html

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