
Prices breaking the wedge/triangle to the downside.
At this point the only hope is that prices shoot back in, and it was just a bear trap.
However, if they do not rebound rather quickly we are likely headed a lot lower.
Looking at the chart, I am thinking $4k area.
Yikes.
Me thinks we need a BTC rally. This downside business sucks 😩🤑😩
Agreed.
It's possible, sentiment is still bad, lets see if the $6000 holds first.
That is a key level as well. Prices holding up here as well thus far. We really need prices to shoot back up above $7k... above $7300 and it will be a bear trap.