BTC ascending wedge with apex at $8200... what will happen?
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BTC appears to have formed an ascending wedge that is pointing towards $8200... which is usually bearish and predicted to fall. But BTC has been bullish for the past few days, making a retracement that is relatively small. So will BTC defy the ascending wedge and shoot past $8200 this weekend? I think it is likely to move pass $8200 towards $8500-8700 this weekend.
Note
So BTC dropped down from the ascending wedge, and now has formed a descending wedge, pointing towards $7800, so maybe a bounce out of the descending wedge coming soon for the bulls to make another attempt to break $8200.
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