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BTCUSD Price Direction

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
From where prices are currently you might see a steady drop to the 8000-7800 area approximate or prices might climb a bit then drop. It's a wait and see and if you are on the sidelines that's a good place to be as you have the opportunity to watch this play out and are in the planning stages of this trade. There are those who will play this trade within the wedge and those who will wait for borders to be touched and lines of reference to be reached. Ultimately a falling wedge is a bullish bias which is what you have here.
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