Break down of rising wedge after rising wedge along with the confluence of Symmetrical break down and anemic pump volumes are not looking good for Ol Bitty. Occam's Razor says and is: a scientific and philosophical rule that entities should not be multiplied unnecessarily which is interpreted as requiring that the simplest of competing theories be preferred to the more complex or that explanations of unknown phenomena be sought first in terms of known quantities. It's pretty simple to see that BTC has been weakening and following a pretty clearly defined down trend and nothing shows it to be preparing to reverse back to an uptrend. Hopium won't help and complex bullish theories are grasping at the very unlikely possibilities that higher TF's oscillators are going to turn around on a dime. They are not plausible or realistic even if they are slim possibilities.
