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At least a little short term bounce by tomorrow morning $37500 +
Here we go, every idea right now on TV is bearish while yesterday they were all bullish =)
Although we can definitely see more drops, after such a large sell off in crypto and equities there's usually a relief rally so I'm playing that for the short term.
Perhaps we'll retest the top of the descending wedge pattern by tomorrow at about $37,500 - $37,700.
Then Bitcoin has to decide if it wants to break it again to the upside or bounce down again from there. We'll see.
Although we can definitely see more drops, after such a large sell off in crypto and equities there's usually a relief rally so I'm playing that for the short term.
Perhaps we'll retest the top of the descending wedge pattern by tomorrow at about $37,500 - $37,700.
Then Bitcoin has to decide if it wants to break it again to the upside or bounce down again from there. We'll see.
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