IF this pattern continues for BTC:
1. Drop to 7.8k support zone
2. Bounce up to retest 8.9k
3. Double bottom rejection as a bear pennant confirmed instead
4. RSI divergence, bear evidence mounting
5. Steep decline/panic down to point "D" (6.9-7.2k)
Plan on this being wrong.
1. Drop to 7.8k support zone
2. Bounce up to retest 8.9k
3. Double bottom rejection as a bear pennant confirmed instead
4. RSI divergence, bear evidence mounting
5. Steep decline/panic down to point "D" (6.9-7.2k)
Plan on this being wrong.
