Observation Daily Chart of Bitcoin 1) Price has formed a triple top formation . 2) Price is forming a Bear Channel . 3) 9 Ema on the verge of crossing the 21 .
What can happen . 1) Prices is at a critical level. 2) If the price breaks out of the Bear Flag we could see a major Breakdown. 3) The positive my Volume Spread Analysis is showing me currently Temporary support at the Support Line . But should it break a short trade could be had .
Caution :- I am not a registered Adviser . My opinion has a good chance of being wrong . So please do your own research before coming to your own conclusions.
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