Hello,
We can see from the chart that BTC has bounced from the falling wedge support line on the weekly chart.
BTC is currently oversold and as we are heading towards the end of the year we might see some relief rally to 5-5.5k$ levels which serve as horizontal and falling wedge upper trend line resistances.
If you were anticipating to short BTC it is worth to consider higher entry point levels or at least wait for this falling wedge to invalidate by breaking down.
We can see from the chart that BTC has bounced from the falling wedge support line on the weekly chart.
BTC is currently oversold and as we are heading towards the end of the year we might see some relief rally to 5-5.5k$ levels which serve as horizontal and falling wedge upper trend line resistances.
If you were anticipating to short BTC it is worth to consider higher entry point levels or at least wait for this falling wedge to invalidate by breaking down.