I don't like BTC but I think after a bounce @11k this will be primed to go to the moon, again.
Looks like a rising wedge on the 4hr.
This usually indicates more downside, though we know markets have been keen to manipulation.
There could easily be a fakeout short-mid-term to liquidate the little fish but eventually, this needs to go down before another glowup in BTCs infamous cycles.
I don't participate in short selling anymore. Now I'm just waiting for my entry.
Looks like a rising wedge on the 4hr.
This usually indicates more downside, though we know markets have been keen to manipulation.
There could easily be a fakeout short-mid-term to liquidate the little fish but eventually, this needs to go down before another glowup in BTCs infamous cycles.
I don't participate in short selling anymore. Now I'm just waiting for my entry.