BTC Falling wedge within falling wedge, on watch
No positions taken for me at the moment but Ill be looking to see what happens with this current falling wedge situation. Shorts currently outnumbering longs so, interesting to see what may happen next few weeks. I feel like bottom not in yet, capitulation down to $4400-$5400 area not out of the question at some point, just when will it happen. May possibly bounce here to green area then start the main move down, will need to see. I try to avoid any falling knives situations so will not be iceberg layering or anything here.
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