WavePrinciple-Net

BTC - Falling Wedge? After some more drop, it may actually moon

BITFINEX:BTCUSD   Bitcoin
At 4H you can see a descending wedge is forming... this indicates that it can bounce up anytime.

Maybe not so soon, but I would keep an eye on this movement.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.