I've expanded my TA a bit further from before. Looking at BTCUSDSHORTS it's not quite at the high that we need for a short squeeze, so it will continue down to the target zone (circle). This bounce will determine a Bear or Sideways market. The blue support line inside the target circle if it holds up we should go into a sideways market (my guess) If it leaves the target circle on the bottom, expect bad news.
Careful this downturn.
Comment
⋅
I still think it will hit the target, but now I am definitely expecting the near end of the bear market.
Comment
⋅
If this hits target and bounces, It will be the end of the bear market.