Short

All support breaking.

Updated

Upside scenario was invalidated. This suggests Bitcoin has put the final top for the parabolic trend at 20k. Increasing downwards momentum and repeated breaking of support is an indication for a selling climax ahead down to 5-6k followed by a dead-cat bounce and a further almost 100% correction of the uptrend since 2015.

Note

this chart is just for illustrative purposes to show what most skeptics expect is going to happen to bitcoin.

AEFM

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