Bitcoin just made a new swing high, as per my last post; bitcoin did go higher.
We are currently seeing a falling wedge; which is usually a bullish pattern, however we could break it to the down side.
This gives us a potential trade opportunity.
15 minute timeframe
If we break below below this falling wedge, the next technical price target is 42700, while if we break it to the upside we could reach as much as 45 152 dollars per bitcoin.
If you do decide you jump in a trade, remember to use a stop loss at either the upper trendline if we break to the downside, and you decide to short, or to the lower trendline if we break above and go long.
Again this is not financial advice.
