BTC a bearish perspective

19 Kas 2021

I've been trying to analyze BTC on the bigger picture and I'm struggling to see something other than this. I can feel my emotions getting in the way of my analysis and though I really really don't want this to happen, I can't see any decent counter patterns to this. This rising wedge pattern isn't that clean but if valid, we can easily get taken back into the 30k region. I think this would be a really odd scenario to play out and I'm very conflicted on it. Given where we are on the bull market time frame, how the onchain metrics look, new high after the previous dump, and no blow off top yet, a correction of this caliber just doesn't seem likely to me but I'm struggling to see bullish perspective. also since the first 60k high, we have been declining in volume ever since implying a major move is coming soon. lets hope up