BTC possibly confirming bullishness?
I have here a falling wedge pattern that started at last years high, in an even bigger symmetrical triangle from the all time high. with a huge fake out in both directions, first to about the 10.5k, likely to shake bears out, then down to about 3800 to shake out the bulls.... Very intense price action lately, pre-halving. It appears we've began to close daily candles above that top resistance/support once again. I would love to see bitcoin hold at this level for some more time as we are currently testing the 21 daily EMA. I also would not mind a collapse back down to test the lower resistances before moving up to solidify that as support at about 6300, or as low as the 4750 level. worst case, the death cross plays out, and we double bottom at around that 3880 level (hopefully worst case). If this level holds with strength, I can see a very violent move up to the 10.5k-10.8k levels. Possibly getting rejected at the first run up. Fortunes are made when there is blood on the streets folks.
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