Bitcoin Technical Analysis: LARGER MOVE MAY BE COMING

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·@workin2005·
0.000 HBD
Bitcoin Technical Analysis: LARGER MOVE MAY BE COMING
![Analysis_Logo Resize.png](https://cdn.steemitimages.com/DQmPGS4NFos8KZvW7KRjkYs21czufu92Vr9qooFwGNJm5vc/Analysis_Logo%20Resize.png)
### Bitcoin seems to be consolidating within a larger wedge. As price gets squeezed tighter and tighter, a breakout, up or down, becomes more likely. 
![Screen Shot 2018-09-12 at 11.37.25 AM.png](https://cdn.steemitimages.com/DQmc86bKGCQrDuQMmWa6q7ssy28rPfz9xBLEPFpYvCWjW8u/Screen%20Shot%202018-09-12%20at%2011.37.25%20AM.png)
### Looking at the 4 hour chart, we see the bollinger bands are bottlenecking as the 8 and 21 day EMA converge. This is another sign of a POSSIBLE larger move coming in the near future.
![Screen Shot 2018-09-12 at 12.08.49 PM.png](https://cdn.steemitimages.com/DQmXXZT2uCCRrTsXeBkzKmtYmgQrTJBwN3Vni2wEWnLDbno/Screen%20Shot%202018-09-12%20at%2012.08.49%20PM.png)
### In today's video analysis I discuss price movement over the next few days and weeks, traps to avoid and MUCH more. I hope you find it helpful.
## Video Analysis:
https://youtu.be/r4g94rje3Rw
#### *If you’re viewing this on a site other than Steemit, and you don’t see the above video, navigate to Steemit or TIMM (https://mentormarket.io/profile/@workin2005?aff_id=Workin2005) in order to watch.*
### BIAS:
**Short Term: Neutral**
**Longterm: Very Bullish**

**I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!**
### *Workin*
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