BTC-HONDA

BTC bearish short term?

Corto
COINBASE:BTCUSD   Bitcoin
Our last setup of a symmetrical triangle played out but rather lack luster(21.6k instead of 22k). Since that break out, this consolidation has been forming into what looks like a rising wedge on declining volume about to pull back to the 19.5k area. A break up can take us to 22.4k and most likely begin an ascent to 25k but I am short term bearish. Earnings on the stock market are this week and they haven't been great so far. I'm expecting them to be neutral and poor throughout the week so I am anticipating a little sideways and downside on the stock market.

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