DrDovetail

Bitcoin continuing to consoldiate inside small 1day fallingwedge

BITMEX:XBTUSD.P   Bitcoin
I anticipate it will break up from the wedge at just the right time to find resistance at the horizontal white trendline...then I expect it from there to begin its descent into final capitulation...although we may not see the final capitulation candle until february, I think we will see it by february at the latest. I anticipate we will meet resistance here and not continue to go up based mainly on the current 1 day stochrsi, an how closely this year has resembles 2014
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