Bitcoin
Short

$BTC Breakdown below $7864

Updated
BTC is not the driving force of the cryptocurrency market anymore.

It is expanding elsewhere.

Here is a 5R Trade.

Updates every critical event.

Enjoy!
Note
Hope you are enjoying the ride
Note
Double Entry.

No changes to current play
Note
Double Entry should = Double Profit.

Take off the additional risk and pay yourself.

Look for a continuation setup while holding the overall swing down for lower.

Cheers!
Note
This is why you pay yourself.

Everything is still following the schematic.... $8700 is the key. A break above with the right momentum and the squeeze can take us over $9000 on the weekly.

For now this is still active until we can breach 8700 as seen in the chart.
Trade closed: stop reached
Trade is closed on the break of 8700.

Looking to do business in a new trade if market retraces back to 8700.

+Profit depends on how much you closed at 7500.
Candlestick Analysis

Disclaimer