BTC- Bumpy day ahead

Volatility is inbound and a drop is now valued at over 58%

Bitcoin has been finding support on the wedge after exiting from it but right now that level ceases to exist!

We could be experiencing a drop to 50k the same way we could experience a rise to the 58k resistance.

In any case, the chances of a rise back to the 60k mark are not enough to support Buying setups.

ps. Sometimes we need to go lower, to a level where some big buyers (and a lot smaller ones) are waiting to reenter or re-enter.
Round number of 50 might be what we need to see before going higher to 70k

the FXPROFESSOR