I think we could be looking at a massive bear flag on the daily chart ...I promise you guys i truly hope I am wrong but if this is a true signal we could all be in for a world of pain...Prepare now boys and keep that powder dry.
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As BTC conintues is decline we have now crossed a key area of suppport AKA the fabled downtrend line of 20 &17k. If we close today below that line I believe your bear pennant idea could become a little bit more of a reality. I am hoping and praying we pull back and get some positive momentum but as of right now bears seem to be firmly in control. Be careful out there guys these are dangerous times. Please like and or comment. ANY COMMENT IS A WELCOME ONE :).