BTC is in a bearish zone from a monthly perspective. It is hanging near the bottom of a descending triangle with 4 days left to go. On a positive note, this could create dirt cheap buying opportunities in the 3-5k range within the next 2 months if this triangle breaks bearish. Anything could happen but I think the bulls have given up way too much ground to recover in 4 days.
Trade closed: target reached:
if you had went short based on this you would have been very rich right now. Havent had a green month since.