Short

BTC: Clear pattern for crash scenario

Updated

Here's a repeating pattern: We produce higher lows, bounce back to around 0.382 fib after a huge dump and then go for the next push down. Right now, there's no indication that it's different this time.

Short entry levels to watch: 8300 - 8400
Target level: 5000 - 5200

Not financial advice, do your own research.

Note

Considering how strong the bearish pressure is right now, it's possible that we might not even go back up to 8200 if we break down support at 7700.

s-h-o-c-k

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