BitcoinBearSlayer

Bitcoin - Falling Wedge means Rising Prices

Long
COINBASE:BTCUSD   Bitcoin
This falling wedge will lead to higher prices in my opinion. We are also OVER the multi-year bull trend line for the first time in a long time. If Bitcoin can maintain the trend, and I believe it will, we should see higher prices before a several thousand dollar correction. In other words the price may go higher now and retrace back to where were are now vs. breaking the trend now and then trying to climb back above it later.

I'm long, staying long, and all the calls for zero are ridiculous.
Trade active:
Now we have an inverse Head and Shoulders with a target well over $9,000

If you want to short against that, go ahead, it's your funeral.

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