BTC – Descending Wedge Brings the Hopium

BTC – Descending Wedge Brings the Hopium

BTC – Descending Wedge Brings the Hopium

BTC/USD COINBASE:BTCUSD

Something is happening in the BTC charts and while my mind has had its back and forth…and yes, we could still go lower…I am veering towards bullish . Here’s the facts in the charts:

– Deviation from major range
– Possible descending wedge
– Finding support above previous major low

On other charts we are also seeing bullish momentum come back into the market…..more to come in that space.

Bitcoin