BTCUSD Perpetual Contract
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Bitcoin is showing some bearish signs after break 10k level

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Bitcoin broke the 10k level with a slight confirmation in volume. We where in an ascending triangle and had a nice pattern (target is 10.2k).
But overall I think there is a high probability that Bitcoin is trading in this bigger rising wedge formation, which is bearish.

Bearish signals :
- Bearish divergence RSI
- Bearish Divergence MACD
- Volume is declining

I expect a blow off top, one last push upwards and run into some heavy resistance and through sell pressure see a bigger rejection which turns into a retracement.

For the video analysis check here : youtu.be/t6zV5-xY_eY

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