Bitcoin is either about to roll over and test the $8k region, or...

Or it's about to do something like this:

(Source: https://twitter.com/ttheffuy/status/1155507736462974977)

That's right, bitcoin is about to go down or it's about to go up.

How very profound of me, I know!

Anyways, I am actually betting we are due to break down here.

Hopefully the above chart plays out though and we are ready to start moving up again.