BTC DUMP??

4 Des 2021

I unfortunately posted this setup not too long ago but was too overcome with bullish bias to make it my primary view. This dump caught me off guard as well as a lot of others without a doubt. The targets of rising wedges are usually the bottom of their patterns which would imply a revisit to the low 30k levels. The markets are getting hit with all this new COVID hysteria which is devastating to investor confidence. I think the COVID measures are unwarranted but the market is going to do what it wants. I actually expect a rally from here before more downside. THe move just happened so there's not too much to look at as far as setups go