Bitcoin is about to collapse in price, my feelings are either it will quickly dump to 10k or stop at 15k then consolidate between that and 25k. After that it may continue the bearish cycle or start a new bullish leg. If it were to continue the bearish cycle targets are 1-3k, however if bitcoin can consolidate above 10k and hold then the bull isn't over and 120k is in sight.
4 Hour
Daily
Previous Analysis:
Trade active
⋅
It's Aug 19th and it's been 2 months of consolidation. Now bitcoin is dropping.