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Mihai_Iacob

Bitcoin- Top for now?

Short
Bitcoin (COINBASE:BTCUSD)  
Mihai_Iacob  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Wedge
13
4
trendanalysis chartpattern wedgepattern
In my weekend analysis, I said that Bitcoin looks ready for correcting but I don't rule out a new high.
Now we have this new high that completes the rising wedge formation.
The recent tops from 16k are marginal indicating loss of power and I expect a correction soon
17-17.5k should provide strong resistance and bears could have a target at around 14k for this crypto
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