Btc/usd is about to turn into a bullish market in my opinion. The retracements are getting shorter and shorter. Right now it's inbetween a wedge horizontal support, and diagonal resistance. If we manage to breakout we could see a huge downtrend break into a reversal. Mcafee is also trying to hype bitcoin in his recent tweet. ( twitter.com/officialmcafee ) If not we plunge to 11k! Hopefully we see a green new years!
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So far so good, broke through the second downtrend line. Didn't succeed in breaking the resistance level, but still hopeful for the bulls!
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hodling support like a beast hopefully we break through this resistance level easy 16k-17200 after