mroberts1204

Possible Falling Wedge in Bitcoin

Long
COINBASE:BTCUSD   Bitcoin
Bitcoin is currently in a falling wedge pattern and continues to find buyers at a major support zone (the Elon Musk breakout candle) while volume declines. On-chain metrics indicate bitcoin is close to a bottom. My gut tells me that participants are positioning for a gap down in equity futures on Sunday night. I doubt we get a breakout before futures open. Probably just treading water until then. Good luck to all!
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