Published: 17 May 2018 › Updated: 17 May 2018
BTC Update: Drop to $8,000 expected
BTC continues to find resistance at it's previous channel support level. Repeated attempts at breaking out above this level have been denied. Rising wedge pattern forming. Lack of volume with a bearish pattern has me anticipating a price drop. Targeting $8k with re-entry targets as low as $7850.
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