Bitcoin futures (/GXBT, the Gemini Bitcoin Trade Price Index futures, Arpil contract) pulled back on the most recent tag of the top of the bullish falling wedge with the pattern, including the bullish divergences that help to confirm the bullish nature of the falling wedge, still very much intact. While we could get another thrust to the bottom of the wedge (light blue scenario), I favor a reversal & breakout before then (orange arrows). Previous & 60-minute charts:

Should /GXBT go on to rally soon with an impulsive breakout above the bullish falling wedge,  that would likely spark a rally in GBTC (Bitcoin Investment Trust) up to the 15 level & possibly as high as the 20.55 area in the coming weeks+. Due to the very volatily & aggressive nature of trading crypto-currencies & derivates such as these, they are only being passed along as unofficial trade ideas. As always, one should pass on any trade ideas that do not mesh with their unique trading style, risk tolerance & objectives.

GBTC stock chart

GBTC daily April 4th