mira000

Break down

Short
KRAKEN:BTCUSD   Bitcoin
Obvious there's a rising wedge on the daily price chart. Let's see when it'll break the wedge. There could be another market rise for bitcoin, but most of the altcoins already reached an ever-time high. Such another rise will worsen the situation. The profits have to be out taken from these levels to break down to make healthy analysis and be more attractive to new investors. This makes the risk bigger than ever and pissed me. Play with your own risk. Such a breakout will make a huge correction on cryptos. If breaks from here my first support is 36k levels.
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