Bitcoin follow up

As its clear TA speaks itself we have a descending down trend and a very clear bear flag, we are in a small uptrend channel that is following its top and down channel, im predicting it to touch the bottom of the channel for another attemp to test the up of the channel.
As for now im shorting towards 8450 for correction 8500 its my take profit trigger.
Btc is very unpredictable so watch out for another attemp to break the uptrend channel towards the upper area, as for TA its clear it is going to break down but its never for sure , so put a stop loss above the uptrend channel and ride with it.
Best of luck

Comment:

Forgot to mention a clear resistance at RSI and macd.

Comment:

Okay so it played out on the channel as we expected, now awe can see it currently is trying to break inside the channel. If we do this we can see that mad ill break its resistance, but that is not good sign as we could only long till the top of the channel and ride the it down again. But never precipitate, from experience it could never go touch the top of the channel and only make it half way.
Best bet for now is to hold tight to see if it breaks inside or out, then we can have a position

Comment:

Now we had a bounce and tested the top of the channel but still not strong enough to break our downtrend line , this is highly indicating that it can go down further but as consensus is happening this is very unpredictable, play with stoplosses there is also a chance that it breaks our down trend and then we have to change our scenario and turn small term bulls , if it breaks 9k it ill be safe to long otherwise short is best option until it touches the down of the channel again

Comment:

Finally broke down, expecting another leg down to break our support