DerrickGibson

BTC - Bear Flag / Rising Wedge post MAJOR Dump

Short
BITMEX:XBTUSD.P   Bitcoin
Bears appear to be maintaining full control after the extremely powerful dump. Muh 6k bottom is in more danger now than ever. If we don't see heavy bull volume soon I expect bears to resolve this pattern to the downside. My bottom target before a true bounce is at 5250. Target comes from the measured move of the bearflag and the weekly 100 MA.
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