I think this cenario could have more chance possibility than bearish;and of course i see that movement as a retracemet in big picture that could return from specefic zone that i have drawn it.
It`s just a cenario and could be wrong and wouldnt be financial advice.
In the pervious chart i drawn a possible scenario for BTC.In this chart i draw it again with consider of price action .we could have two probability of price wave movement as you can see it.
of course its just a scenario and could be wrong and not a financial advice.
BTC is in the important zone that can have 2 differet senarios about continiution trend , if buyers can to keep price above this zone we can say that can be move higher. Otherwise if sellers overcome on buyers ;price go down
