Bitcoin
Short

BTC Bearish Short Term Scenario

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This is the bearish scenario short term with BTC. I will be breaking the chart down through bullet points so that it is easy to understand.

Note: My long term bearish scenario is still in play. You can find it below.

- Pattern shows what looks to be a bearish pennant playing out.

- Critical supports still stand at 6100s and 5800s.

- Stoch RSI is showing weak slope trajectory of the rebound despite heavy drop.

- RSI is showing weak slope trajectory of the rebound despite heavy drop.

BTC Bearish Long Term Scenario:
BTC Bearish Long Term Scenario

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