NEUTRAL TO SHORT in the short term hours to days
Looking at basic chart patterns, there is a rising wedge indicating a significant drop soon. The volumes have been low and down trending this entire move up. This is a less impressive on a volume scale than the short squeeze that drove prices shy of $10k. Next couple of weeks looking more bearish. Sell in May was right, we are still early in June
Looking at basic chart patterns, there is a rising wedge indicating a significant drop soon. The volumes have been low and down trending this entire move up. This is a less impressive on a volume scale than the short squeeze that drove prices shy of $10k. Next couple of weeks looking more bearish. Sell in May was right, we are still early in June