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BONTESA

Bearish pennant fakeout (possible scenario)

Bitcoin (COINBASE:BTCUSD)  
BONTESA  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Bitcoin (Cryptocurrency) bitcoinusd BTCUSD BTCUSDT btclong btcshort
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trendanalysis bitcoin bitcoinusd btcusd btcusdt btclong btcshort
$BTC is forming a bearish pennant pattern that leads to a drop of $9450.
We can see a fakeout first, retest the trendline & dump further to fill the CME FUTURES gap.

$11200 (fakeout) then a dump to $9450.
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