Rising Wedge / 32k Support
markets still ticking greedy but slowly pulling back since the beginning of 2023. Fed Rate hike (FUD) in May already priced in weeks ago (look at the rate hike date in March = sideways trading for BTC)
IMO 32k looks like the next level retesting the strength of BTC, I think it will get rejected and be the beginning of this years bear market. Dumb money and bulls want encourage a higher price, Exchanges will encourage the bull by liquidating early short sellers.
Sitting in cash waiting for 32k to short BTC. Unless markets or news indicate otherwise
Not financial advice, Would love some opinions (my TA knowledge is novice)
IMO 32k looks like the next level retesting the strength of BTC, I think it will get rejected and be the beginning of this years bear market. Dumb money and bulls want encourage a higher price, Exchanges will encourage the bull by liquidating early short sellers.
Sitting in cash waiting for 32k to short BTC. Unless markets or news indicate otherwise
Not financial advice, Would love some opinions (my TA knowledge is novice)
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