BTC aims to reach a new low, as we can see from the exhaustion in the upward moves.
Downward momentum is stronger and will take us down to a harmonicsupport area .
My target is at least 540 usd in the near-short term. We will get plenty of chances to go long in time. ;)
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People get emotional with btc bearish charts for some reason. If you see those charts above, it's clear the trend didn't reverse and the big picture is still below the 300 ma in 4h chart, and the 1w chart is bearish as well. This is not a trade, but a prediction. I'm currently trading alts, but will revert to btcusd and others soon.