Is this the end of the Bitcoin bear market or is there another move down?
The wedge pattern is tightening and it looks like there will be a breakout soon. It could signal the end of the bear market and a new trend but if the major support line breaks, the price could drop a lot further. I like that the support hasn't broken, despite all the negative news recently. I think there's a chance that the lows are in but until the resistance line is broken, I'm not getting too excited.
What way do you think it will go in the next few weeks?
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@martin.mikes coordinator of @kedjom-keku
I'm thinking +$7000 USD short term. Only my opinion, however...