Does this TA make short term Bitcoin movements bearish? YES
Can Bitcoin recover in short term and move into bullish territory? YES, if we close above $8,000 in very short term.
Overall pattern is bearish as we have clear Head N Shoulders pattern here. Overall targets are outlined on the chart above, longer term view is still highly bullish.
I saw this coming a week ago, but people are so emotional I got attacked for pointing it out. I still don't believe this is the bull run yet Check this out man
CryptoManiac101
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@Gold_Rush, Yes I made similar chart as well... You have to look away from negativity, do what you believe is right
projectenergy
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@Gold_Rush, We wont turn full bull till March 2020; this is a dead cat bounce.