Bitcoin: Fear the FOMO

I gotta say, I’ve been busy. I haven’t had a minute to watch Bitcoin let alone trade it. When you’ve been around for a while, days like this are heartbreaking. About a month ago I updated my charts with a developed ascending wedge. These are a great measure of direction as a range breakout is … 

 

Bitcoin short setup

Check out the decreasing daily volume on lower highs. With all the selling in the short and long term, plus the ultra bearish flash crash candle, my science is screaming beauty short setup here. I’m looking for entry on a failed retest of that 530 high. I’ll take the shot if it creeps anywhere into …