porterstone

Descending triangle or falling wedge on BTCUSD?

porterstone Updated   
COINBASE:BTCUSD   Bitcoin
Its worth noting that technically on a closing basis, this falling wedge is still totally valid. I wonder if the falling wedge idea will create enough bullishness to bring us up to the 7.8k - 8.1k range?
You can't help but notice how abysmal the sentiment is right now. Everyone's calling 3k. Shorts approaching highs again.
Comment:
Also note the white ascending line at the bottom is the 8 year trend line for the entire bull run since 2010.

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