I still stand by my previously posted BTC chart, and believe that BTC is due for an elliot corrective wave down to the demand zones. Watch for a breakout of the ascending wedge for confirmation of a bearish short term trend.
Note
It appears that Bitcoin broke out the rising wedge to the top, which is incredibly rare:
Note
Bitcoin will hit $16k based on the price movement measured in the ascending wedge which broke in an unusual way:
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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.