BTC: There will be blood

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
It's looking like a bloody retest of 17.5 is in the books. It's no longer a matter of 'if' but 'when', due the way things are developing. If this rising wedge pattern plays out, we can count on some more bloody days ahead. I'm preparing to DCA beginning at 17.5, which would also consummate the lower macro LV, bringing the next leg down for the beginning a proper double-bottom to be discerned on the weekly. Keep an eye on BTC this weekend -- there may very well be blood in the forecast.

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**Not financial advice. Always DYOR and trade at your own risk.

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