CapitalistPeng

BTC Bearish Rising Wedge

Short
GEMINI:BTCUSD   Bitcoin
On 1H timeframe Bitcoin has been printing a bearish rising wedge. I expect that we will break down and will test lower levels before finally hitting all-time-high of $20,000. The breakdown of the wedge should occur before Tuesday, December 1st. It is important to note that we are still in an uptrend, and the mid to long term view is still very bullish.

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