Bitcoin
Short

As previously predicted, the big drop happened..

As described in my previous idea post, $7300-$7400 was screaming for a large correction. We have also broken down from this rising wedge in my opinion.

This trend reversal can be verified using my trend indicator on the 4hr/6hr timeframe.

First target is $6850 at around the 0.38 fib level
Bitcoin (Cryptocurrency)BTCChart PatternscorrectioncryptoCryptocurrencyTechnical IndicatorsreversalTrend Analysis

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