big rising wedge pattern emerging. very weary
This rising wedge is coming from the heavy resistance from the 2011to 2018 support line which is currently acting as major resistance in bitcoins attempt to go to 16k or 20k. The blue line is the strong support for the recent price action of 2019 but will it hold in an attempt to break past 20k. or will we retrace down to the .618 fib after the first attempt. or will we break down before looking at the monthly stock rsi bitcoin is getting closer and closer near the end of the up trend but how far can bitcoin go before a much needed correction in either the weekly or monthly timeframe's
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