BTC Setup for Macro Double Bottom?
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
Descending Wedge:
Current Trade Idea: Flip 42 to invalidate for the “we go higher” bias. Lose 37.3 for the “we go lower” bias.
Short Term: ( LTF ) Inverted tilt pennant or wedge? Lose 37.3 and see 35-33 (tilt pennant ), flip 38.7 and see 42 tested (d. wedge )
Mid Term: Bear Flag , copied channel as is the rule, 23k peak low possible, reclaim 28 if BTC bounces from lower, reclaim 35 ( possible point of future break out)
