BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
306 0
Rising wedge on BTC , current ascent, even if supported by all good news is not sustainable ling term.

The wedge could be sharper, depending on where the bottom line starts. I start mine after a solid move, and I do not include that move.
Jun 01
Comment: If the wedge will break I expect the price to move in the orange boxes on the chart, marked by the 0.382 and 0.618 Fib levels.

Jun 03
Comment: Target reached, wedge broke.
Jun 09
Comment: After a small bounce, we are going for the second target. I believe we will touch 7100-7200, 0.618 fib.
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