jdamaso

Bitcoin BACK TO 40K???

Short
COINBASE:BTCUSD   Bitcoin
I know everyone is bullish and everyone is Fomo-ing into BTC over the past couple days.
But...
1.We have currently and ascending wedge as main pattern
2. RSI is borderline overbought and has a massive bearish divergence ( higher highs on price, lower lows on rsi)
3. Pi cycle crossed yesterday.
4. Coinbase listing tomorrow on the stock market.

I think we are in for one of those massive discounts a la 2017 and 2013.
Btc target 68/70K until tomorrow and then see you soon 40k

Let me know what you think.

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