melssz

Is the downtrend over

BITFINEX:BTCUSD   Bitcoin
Every time I see a BTC chart with a shit ton of weird indicators I have to laugh. It is really not that hard to see what is going on.

The big triangle of September has been broken, but once again bitcoin is in a rising wedge. To me, it seems too risky to hold BTCUSD tonight, as it could potentially resume the downtrend when it falls through the rising wedge.

If the wedge and bottom trend line don't hold tomorrow, who knows how low we will go.

Good luck :)
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