Cryptolover333

bitcoin could be about to reverse the trend

COINBASE:BTCUSD   Bitcoin
Bitcoin have been forming bearish divergences in this 4 hours chart and could reverse the trend and also formed a rising wedge that 70% of the times end up breaking to the downside, so it is very possible here to break this down and reverse the trend but in my opinion it could be only till the strong support line created back since the 18th of June this year, we could bounce back from there, the target pass just in that support line, but the 200 WSMA could also act as a support too, so we need to keep an eye.

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