BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
This chart is based on the assumption that the market situation is not a bull market but a bearish market.
It is believed that the right shoulder is being made through the 5 waves of falling, and with the last 5 waves, there can be a great decline.
This will be nullified when breaking down the drop channel.
In my opinion, indicators moving began to bearish .
STOP : 8240


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