After 2 recent rejections from ichi cloud of late I suspect 1 more lower low down to 8K completing the wedge. This would be the healthiest path for BTC and the best case scenario.
This would complete the correction and start a new bullish trend upwards towards all time high over the next month. Mainstream news will just say Bitcoin is volatile and is going further down and its a bubble blablabla, but to anyone studying the charts this is a necessary healthy correction to allow the bulls to takeover again.
Either way it's going to be an interesting few months! Good luck and Cheers.
This would complete the correction and start a new bullish trend upwards towards all time high over the next month. Mainstream news will just say Bitcoin is volatile and is going further down and its a bubble blablabla, but to anyone studying the charts this is a necessary healthy correction to allow the bulls to takeover again.
Either way it's going to be an interesting few months! Good luck and Cheers.
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