Is it over, is Bitcoin dead?
The answer is no while bitcoin has fell past through the trend line. I was ill confident to post the bear rectangle i spotted on the 4hr which led to a crash right through but, that's okay I wasn't banking on this meme line anyway. Now we have a daily falling wedge in action that should lead to a higher bounce promptly so 11.6k as a target. Everyone though is now eyeing 6k as a last support for Bitcoin, and its likely we capitulate off that point forming a massive double bottom. In case we don't I think this wedge will give a nice bounce to return back at 11.6k. Waiting to see what happens for now nothing else to do besides buy back in Bitcoin slowly.
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