BTC is going down like a rocket from previous price history!!

BTC is doing a similar pattern and creating a downward facing bearish wedge with multiple rallies in the 10000-7500 range. Traders can buy within a channel of 10k and 9450 and keep stop losses at 5 or less percent. If same pattern will repeat and no new highs created, this could pull the BTC back to atleast 7k if not 5k.