as I expected btc pumped to 25k and has formed this not so good pattern. we have an obvious bearish divergence on 1d frame and has reached the top of the flag. we will probably see heavy dumps after over a month pumping.
that bearish divergence you drew is not even confirmed. You need rejection and a local high on the same time frame to confirm it. what you drew now could straight pump up and the oscillation could overtake its high with no bearish divergence to be seen. It is only a POSSIBLE bear divergence is all
ehsanebi
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@Gunslinger2005, everything here is a possibility and yeah this is a highly possible scenario.