#BTC UPDATE 1 :
In 1D TF already awared this dad cat bounce scenario, According to rising wedge target is 19800 to 20000 if you look Fibonacci lines very very clear the price of Bitcoin rejected at 50% retracement as shown in example since then we are clearly heading downside why because look at point 4 usually indicates now the price is going to follow original trend and this is downtrend that's why now price is holding the support from0.236 Fibonacci line around 20900 as soon as this support broken because it might be temporarily support can see some bounce that area then again showing weakness towards lower target area.
In 1D TF already awared this dad cat bounce scenario, According to rising wedge target is 19800 to 20000 if you look Fibonacci lines very very clear the price of Bitcoin rejected at 50% retracement as shown in example since then we are clearly heading downside why because look at point 4 usually indicates now the price is going to follow original trend and this is downtrend that's why now price is holding the support from0.236 Fibonacci line around 20900 as soon as this support broken because it might be temporarily support can see some bounce that area then again showing weakness towards lower target area.