BTC: Weekly versus Daily Deja Vu

I was looking at BTC today on the macro logarithmic weekly and noticing the trend, how it conspicuously resembled a rising wedge. It reminded me of where we currently are on the micro daily, wondering if another leg will be put up before the wedge breaks. Nobody knows for sure. One thing is true on both charts: demand volume is reducing in divergence with the price action as we climb the wedge. This denotes weakness, and this weakness seems to come right in time with the impending recession I think this country will see.

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