BTC is acting really weak.
With the stock market showing obvious signs of weakness, and assuming the BTC/stock correlation resumes when the overall market declines, we could see a big flush to the downside with a capitulation of the bUy ThE dIp / dIaMoNd HaNdS clowns.
Keep in mind, if it actually breaks down out of the wedge but then comes back into it with increased volume, that would be a strong buy signal.
With the stock market showing obvious signs of weakness, and assuming the BTC/stock correlation resumes when the overall market declines, we could see a big flush to the downside with a capitulation of the bUy ThE dIp / dIaMoNd HaNdS clowns.
Keep in mind, if it actually breaks down out of the wedge but then comes back into it with increased volume, that would be a strong buy signal.