Caution advised on the Bitcoin, pronounced beetcoin in foreignville

Acending wedge!!! Decreasing volume, the rally is running out of steem!

So I think there will be some kind of retest of support. Watch this closely for a breakout one way or the other.

There is a line not too far below at about 12000. I don't remember when I drew that but it's there so it's a thing. It's a possible bounce point. If so that would be a sweet buying opportunity.

I don't plan on shorting, but sometimes I go long an alt coin vs bitcoin, which is sort of shorting, on poloniex. Like I had a bunch of ripple today and litecoin a few days ago.

You would want a pullback on decreasing volume, like the litecoin pullback. You don't want it to advance weekly with decreasing volume, after making an all time high.