btc bearish cypher fractals. Reversal or fear sell?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BTC has been showing bearish signs since it made its second peak at 17k awhile back. ever since then its been mostly downhill. The price is at a crossroads now, if the bulls cant defend 9k it could go south quite fast. So far it looks like a consolidation around 9-9.1k. Where the price action goes next will be key to identifying the next short term/midterm market
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