June 17, 2026

Bad news…

Bad news...

Bad news...

Bad news…

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
HenrikDaCrypto


Bad news...

BTC formed a bearish descending wedge , which broke down, we already retested the support, and didnt got it.
The target is at around 26.5k.
This would mean that BTC would probably close under 30k next monday, so BTC would probably go into a big bear market and retest 18-20k.
The volume is also going up so we get this short trade confirmed.

good luck and a nice weekend!

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