There's high possibility of chance that BTC will go down but before that we might see a minor correction to the upside.
BTC is looking bearish today. We can place our entry on the upper line of the bear flag
BTC is forming a bull flag pattern it might go up after it is done forming the pattern at least.
BTC is in a big pennant which is a continuation pattern. In that pennant BTC is forming a rising wedge pattern which usually breaks to the downside. So in my speculation BTC will eventually drop to 20k or maybe 17k-12k is very possible.
BTC might drop below 20k in the following month but before that it might go up to 43k.
BTC is making pattern in another pattern which i believe it'll break soon. It's highly possible to break down but it does have a chance to break up, either way be ready for an impulsive movement.
BTC dropped to 30k without a hesitation. Now i believe that BTC might drop to 20K. I don't want to say this but we're in a very huge downtrend.
I personally believe that BTC will drop to 28-29k.
In my opinion BTC will go down to 28k but it won't go down exponentially. Just see the charts and you'll understand
I think BTC might drop to 43k this time but before that price might come back to retest.
As you can see almost all the coins are bearish in the short term. So in my opinion we can short AVAX when it breaks the bear flag plus breaks the support.
BNB broke the rising wedge pattern and it's retesting. If you see it on 15 minutes time frame you will see a bear flag patter and I think when that patter breaks we can short.