TheWolfOfST

BTC BEAR FLAG

Short
TheWolfOfST Updated   
COINBASE:BTCUSD   Bitcoin
BTC is breaking down from the bear flag. Consider a small bounce possibility at 7.8k, but this movement will probably go much deeper. 36k long on Bitfinex that will eventually capitulate, be ready to buy the bottom and be careful!
Comment:
Purple Lines - 1HR, 4HR, 1D support levels
Orange Lines - 1HR, 4HR, 1D resistance levels

1HR & 4HR support have been broken, next level is daily support at 7.8k
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