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1.)Weekly hidden bull div. spotted (waiting for weekly close)
2.)Short at all time high
3.)weekly Stoch RSI is heavily over sold
but we yet not have a capitulation. so be cautious
Price at kijun for the 3rd time
watching candle to close above kijun (bullish)
but Hidden bearish divergence spotted on daily
Potential Rising Wedge is forming on daily chart of bitcoin. Good short opportunity IF it plays out.
Target will be the height of the pattern (maybe around 7k area).
I welcome you to crypto bear market where you will taste what real blood feels like. Longer term i am bullish on btc but top of this cycle is in.
If you think bitcoin will break its ATH any time soon (which most of you guys think) then this will be hard on you.
Now the real question is "Will it last for 1 or 2 years ? or Will it be shorter say 5-6 months ?". I ...