Looks like bear flag formed on multiple time frames , I expect a little bounce up to 50k levels ( MAX , it can breakdown without bounce also ) before further down side .
keep in mind DXY is bullish & tomorrow & day after tomorrow , Huobi ( china's largest exchange ) will suspend deposits & transactinos for users in china .
Clean breakout from this flag will invalidate this idea .
NOT FINACIAL ADVICE.
Trade closed manually
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Bulls defended 45k area very well , closing my short position with loss.
only if 40K support break we can expect fall and good targets
Mihai_Iacob
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One of the few who share my bearish view on Btc. Yes, looks verry bearish
Thanks for posting
FieryTrading
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Great work!
wtf1999
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thank you for you analysis
MBM_Crypto
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Very nice and clear chat!
Investmentsgr
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Nice chart. Seems that it is following your trend! Has not invalidated your idea. Interesting to see how it will play out at the support level 40K! Great work. Would be nice to see a ETH chart! Thank you for sharing.
Balabalois
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wow!! bravo!!! Grüsse aus der Schweiz
YMGroup
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good work man, I'm absolutely agree BTC will fall more deeper