This is the only count that makes any sense to me right now for $BTCUSD. Contracting Bear Flag.
Calm before the storm. We'll see where this goes.
If it breaks down:
Short term bear market: low 8k / mid 7k
Could retest 6k Feb lows by May.
Commento:
Plotted this before I went to sleep last night and woke up to a sell off that was faster and steadier than I would have guessed but still generally along my lines.
We have touched my green dotted line ( very nearly 8485 )
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We have touched my green dotted line ( very nearly 8485 )