BTC doesnt look good one sat (bit). Downtrend is about to start.
Updated
Forget the drop from 10k to 8k. Based on the indicator, Bitcoin looks to be gearing up for a lot more downtrend and without any delay. A cross under of the two lines occurring below the zero line is highly indicative of extreme bearish sentiments.
Note
You can add the simple indicator to your charts from here: 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.