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comon

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Now we have a clean rejection from 7080 and sinked below 6777 support so no doubts now it is due to dump. First target from bear flag is 6188. I think it could go much lower though.

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This rising wedge could actually go on forever, it seems as though people aren't in a hurry to dump it. It could actually reach 0.618 retrace at 7.8k where at least we would have a consensus and finally dump it.

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Dumped a bit but formed a divergence and set a higher low, so... no choice but up again

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down

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BTC is in a rising wedge right now also known as exit pump. It has shown its true colors last month and dumped like it on aids, so after some relief rally every investor should get rid of it. Why? Because bear market never happens with a single sell off, there are always more stages to it. If you studied bitcoin cycles we are yet to see the capitulation stage...

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Looks like a we've got a range here, let's try a short scalp. Weekly vwap at 7200 is also important, if it gets tested a lot, btc could eventually flip bearish for good. There are lots of targets to hit on the down side.

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Here we go again

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According to bbw, we had the top there finally. Cascading long liqs are still to come, my first targets would be 6850 and 6000.

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As you see 6.9 level is still rejecting. Cannot make new highs so the direction is obvious. Who ever buying this resistance are just helping to fill some massive shorts before sending this thing done. And the more this gone on, the harder it will drop. Sad that beefs already seem to forget the event happened last month, but soon the red cloud on ichimoku will...

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Looking dumpy, good luck with your entries.

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red cloud on ichimoku, inside bearish channel on log daily. in fact retesting the top of it. but after explicit rejection of 8,5 level, this trash probably dump. retest of the low at least, but im thinking 5k levels eventually.

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