Bitcoin is falling wedge or just fake breakdown to 6500 to kick people out and make it look like December 26th would be ending of the falling wedge last 5 months we found monthly lows between 25th to 29th and all the dumps started 6th thru 10th of the months. I think they did that to make us feel like this will not break and we will go to 26th and complete the falling wedge but couple things there is no support at 6k area. u go by Fibonacci numbers not where the line ends etc. 0.75 retracement would be 5800 and 0.618 was 7300. We never went to 0.75 retracement in bull run only in bear market to retrace over 80 percent we break 0.618. I think 6500 was totally fake which is called sprinkles and that might not be falling wedge. 7300 was the support and they are making it look like we are having hard times to break and faking it to look like falling wedge and they made all of us realized end of the month is dump time. But October we had fake break now would they break 7k to really go 5800? Also purple line is your 365 day moving average only breaks in bear market. Red line is 3 years moving average only becomes resistance on accumulation zone. Green line is 4 year moving average thats when you know bitcoin bottom only touches when btc bottoms from all time high. Black line is 2 years moving average which became resistance in 2016 February after parabolic move just like this one but it was easy to break. You need to understand under 6700 it is totally fucked we don't break 3 years moving average in bull run if it breaks we will try to break the 4 year moving average first time in the history and make double bottom. We only touch green line when we are bottoming we don't get close to 4 year moving average after we bottom again . I never seen 3 years moving average broken in bitcoin on bull run unless we didn't bottom.if it breaks it is time to get out i can assure u they will do double bottom painful another 1 year bear market to find new bottoms on alts. This is nothing but Binance game by the way fake news about offices getting busted Fake hacks etc. Binance became the toxic of the market and also this should make you realize this is not future of money, it is nothing but scam so once u make your money get out. Bitcoin is not going up as much as you think it is. if you look at it 2013 December it was 1150 you missed to pump there and it fast not many people was on that train and everyone missed it. It is been 6 years and it is only up 7 times. You go buy tesla microsoft apple visa stocks they are up 10 20 times or more, this is nothing but scam, will it go up of course it will whales cant sell their coin if they keep going down but when do we stop going down is the question. BTW Stoch Rsi doesnt look like it will pump, it looks like they are holding price to sell more, also if you look XLM chart i think most honest one been lately it shows xlm never broke the resistance and shows it bottoms next year at 2 cents in december.
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if we are goin to 5800 it comes january 26th also so next 3 days if we dont break 8100 sell cause they will start dumping on the 9th latest until december 26th and make falling wedge complete which will look like and pump get rejected and go 5800 and when everyone will think it is 0.75 retracement area it will not go further down you will see the double bottom