Bitcoin
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BTC Sell setup

159
BTC technicals lining up for a sell-off.

Struggling with long term downside resistance (yellow line) and forming a rising wedge pattern. Strong RSi diversion signalling weakness.

A close above 10400 would create a higher high above resistance and invalidate the downside setup.

News of recessions starting to air. US stock market could surprise us with a parabolic move back to ATH's, but it considering the state of the world economy it seems most likely to form a right shoulder or double top before starting a bear market.

Feragatname

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