BTC bouncing off the wedge resistance line.
Seemingly enough a rising wedge formed leading to a harsh drop in bitcoin price. I can expect a bounce from the support of the wedge which is around 6k to 5.8k. Many people see 5.8k - 6k as the zone where we will officially bounce off into a bull market. I don't agree, but who knows maybe magically we start mooning fast or slow whatever doesn't matter. I only view the price action and predict what's gonna happen. When the wedge is broken a target of 11k to 11.6k is the goal.
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