Dear traders, as you can see bitcoin is getting very close to breakout out of its falling wedge that it's been in over the past 6 months, until this point bitcoin has remained bearish however it looks like we may breakout, if this is the case we could easily test 8800 in the short term however by the end of the year if it starts a bullish uptrend we could potentially retest 10,000 this year. Furthermore bitcoin has finally found its way above the daily 21 EMA and closed above it the past few days furthermore indicating Bitcoin is starting to turn bullish as opposed to being bearish however if it doesn't breakout it is likely we'll continue the falling wedge that bitcoin has been following since late January. Please don't base any financial decisions off this graph and please do your own research. Thanks for reading!
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