Bitcoin about to pump back to $45,760, but it won't last!

Bitcoin is about to break out of the wedge pattern and pump back to the $45,760 level as shorts exit their positions, but it won't last long as longs who were trapped by the recent drop will frantically exit their positions in an attempt to break even. The selling will likely compound, especially if the shorts re-enter at that same level.

It could be the perfect storm that eventually causes Bitcoin to drop below the $40,000 level.

Always use a stop and trade with discipline, not emotion!

Good luck!