Over the last couple of months, Bitcoin has had amazing growth, up over 120%.
I think there will be a strong correction around the middle of June, around the time when the CME Futures Expire (June 18th)
Make sure to watch carefully and see if Bitcoin breaks below the wedge. I have shorts open from 9.2k but will stack up more if we break below the wedge early.
Good Luck guys! :)
I think there will be a strong correction around the middle of June, around the time when the CME Futures Expire (June 18th)
Make sure to watch carefully and see if Bitcoin breaks below the wedge. I have shorts open from 9.2k but will stack up more if we break below the wedge early.
Good Luck guys! :)
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I want to also mention that the rising wedge that I displayed on the chart is just to show why I think it's bearish, but many times we break out of it early, so I won't be surprised if it breaks out early, then the price goes horizontal until mid-june. Then Crash.