Bitcoin's Critical Time Zone

Bitcoin broke out of the downward channel but has found itself in a downward wedge.

Bitcoin needs to break out of the wedge and hold the major trend-line. If it can hold the major trend-line, the next target is closing above the 200 day MA. If we can do this, we have clear signs of a 20k re-test.

By the end of March we will be able to tell if Bitcoin held the major trend-line and is looking bullish, or if it got rejected and is seeking for new, and lower support.

Since Bitcoin has such a small market cap, it's essentially controlled by the futures market. Some entities may try to force Bitcoin to break it's major trend-line to cause fear to us real users of the technology. Who knows.

Time to watch it all play out.