Looks like BTC is going through a consolidation in a falling wedge reversal. From the Stoch/RSI it'll probably hit under 10k in 4-8 hours and then bounce off the .382 FIB and hit an uptrend to the previous resistance which can be roughly 11.5k-12k before taking another fall.
Note
The momentum has broken out of the falling wedge. Watching closely to see what will happen next.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.