BTC-HONDA

BTC still bearish to 14k

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COINBASE:BTCUSD   比特币
There is no change to the previous BTC prediction. The major pattern is a rising wedge on declining volume(yellow) that will take us to 15k atleast but I’m expecting to go lower than that to 14k. We had a nice spike in sell volume on the breakdown of the yellow pattern which confirms to me the move is happening. We made another minor consolidation(red) that coiled up before moving to our low 16k target. We are now in another minor consolidation(blue) that should take us to 16k and below. It may take a week or so but these are just continuation patterns of the major pattern(yellow) . If there is any invalidation or change I will let you know but I am still bearish across the board. Have a wonderful day and a great start to the new year!

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