Bitcoin Analysis 5/21/22 (Falling Wedge 2nd Retest Incoming?)

BTCUSDT Perpetual Contract BYBIT:BTCUSDT

NeutronMan

Bitcoin appears to be geared up to retesting this Falling Wedge one more time. The price target of the retest is around $28k. Whales know that retail have their stop losses just below $28k so the whales are probably going to drop the price well below $28k to liquidate retail before potentially pumping the price back up.

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